SPXS · Iron Condor Setups

Direxion Daily S&P 500 Bear 3x ETF · ETF

Iron condor opportunities for SPXS 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.

SPXS IV rank history

30 sessions

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

Current Iron Condor Setup for SPXS
Score
18.87
Breach Rate
29.8%
163 of 546 observations
Avg Straddle
$1.90
10.6% of price
IV Rank
41%
IV Premium
1.21x
IV ÷ Realized Vol
Beta vs SPY
-2.98
P/C Vol
0.43
Current Price
$24.94
Score formula: (1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty. Higher is better. SPXS is ranked against all other tracked symbols by score; see the full Iron Condor Screener for the leaderboard.
SPXS IV Rank — Last 30 Days
DateIV Rank
2026102241%
2026102123%
2026102028%
2026101934%
2026101640%
2026101517%
2026101411%
2026101314%
2026101218%
202610099%
2026100815%
2026100736%
2026100611%
202610050%
2026100216%
2026100123%
2026093020%
2026092942%
2026092817%
2026092517%
2026092421%
2026092323%
202609227%
2026092130%
2026091810%
2026091719%
2026091630%
2026091530%
2026091425%
2026091121%

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.