SPDN · Iron Condor Setups

Direxion Daily S&P 500 Bear 1X ETF · ETF

Iron condor opportunities for SPDN based on the same scoring engine used in the Iron Condor Screener: breach rate, average straddle, IV rank, IV premium, and beta-adjusted scoring. Updated every 5 minutes during market hours.

SPDN IV rank history

28 sessions

IV rank = where today's implied volatility sits in its range over the past 90 sessions (0–100).

Current Iron Condor Setup for SPDN
Score
11.76
Breach Rate
16.7%
93 of 558 observations
Avg Straddle
$0.70
10.4% of price
IV Rank
32%
IV Premium
2.92x
IV ÷ Realized Vol
Beta vs SPY
-0.99
P/C Vol
0.50
Current Price
$8.39
Score formula: (1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty. Higher is better. SPDN is ranked against all other tracked symbols by score; see the full Iron Condor Screener for the leaderboard.
SPDN IV Rank — Last 30 Days
DateIV Rank
2026102132%
2026102047%
2026101918%
2026101627%
2026101538%
2026101416%
202610139%
202610128%
2026100949%
2026100818%
202610078%
2026100625%
202610028%
2026100120%
202609304%
2026092915%
2026092830%
2026092512%
202609246%
2026092336%
2026092213%
2026092116%
202609184%
2026091615%
2026091515%
2026091420%
2026091125%
2026091013%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.