Direxion Daily 20+ Year Treasury Bear 3X ETF(TMV · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
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.
- 52-Week Range
- $31.82 – $48.02
- YTD
- +26.13%
- IV Rank (30D)
- 84.27
- Straddle Price
- $3.72
- P/C Vol Ratio
- 0.36
Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) ETF
- Exchange
- ARCX
- Inception
- 2009-04-16
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-22 | 2026-09-29 | $0.2265 | CD |
| 2026-06-23 | 2026-06-30 | $0.2411 | CD |
| 2026-03-24 | 2026-03-31 | $0.3755 | CD |
| 2025-12-23 | 2025-12-31 | $0.1164 | CD |
| 2025-09-23 | 2025-09-30 | $0.2287 | CD |
| 2025-06-24 | 2025-07-01 | $0.2829 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | DREYFUS GOVT CASH MAN INS | 60.69% | Derivative | — |
| — | GOLDMAN FINL SQ TRSRY INST 506 | 27.41% | Derivative | US |
| — | DREYFUS TRSRY SECURITIES CASH MGMT | 7.48% | Derivative | — |
| — | TLT SWAP ASSET LEG | -35.09% | Derivative | — |
| — | TLT SWAP ASSET LEG | -37.31% | Derivative | — |
| — | TLT SWAP ASSET LEG | -37.60% | Derivative | — |
| — | TLT SWAP ASSET LEG | -42.69% | Derivative | — |
| — | TLT SWAP ASSET LEG | -46.22% | Derivative | — |
| — | TLT SWAP ASSET LEG | -101.10% | Derivative | — |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 95.81% | $159.9M | 3 |
| Derivative (equity) | 2.80% | $4.7M | 6 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | -3.61% | 17 |
| Feb | +0.73% | 17 |
| Mar | -2.03% | 17 |
| Apr | +1.90% | 18 |
| May | -2.17% | 18 |
| Jun | -3.16% | 18 |
| Jul | -3.18% | 18 |
| Aug | -4.80% | 18 |
| Sep | +1.29% | 18 |
| Oct | +6.37% | 17 |
| Nov | -3.70% | 17 |
| Dec | +0.42% | 17 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
Executive Summary
Overall assessment: NEUTRAL with confidence level (6/10)
Key drivers:
- Recent price action is consolidating within a range, lacking directional momentum
- Market sentiment remains neutral, with no clear trends or catalysts driving the stock
Primary risks:
- Volatility regime may persist, keeping option traders on their toes
- Earnings season is around the corner; any surprises could lead to significant moves
2-3 sentence investment thesis:
TMV's recent price action suggests a range-bound consolidation phase. The neutral sentiment and lack of clear trends create an opportunity for investors to position themselves ahead of upcoming earnings. A deeper dive into technical analysis, options metrics, and market data reveals potential trading strategies.
Recent news sentiment impact:
The recent news headlines (1-6) are generally neutral, with no major surprises or significant market-moving events. The absence of impactful news has contributed to the consolidation phase in TMV's price action.
Technical Analysis
Trend Direction:
- Short-term: Consolidation
- Medium-term: Uptrend
- Long-term: Uptrend
Support/Resistance Levels:
- Lower band: $40.91 (Bollinger Bands)
- Middle band: $42.39 (SMA 20 and EMA 12)
- Upper band: $43.87 (Bollinger Bands)
Momentum Signals:
- RSI: Neutral (46.58)
- MACD: Bullish momentum
- Bollinger Bands: Neutral signal
Volume Analysis:
- Volume SMA 20: 1167798.88
- OBV: -20014055.93 (bearish trend)
- Volume Rate of Change: -52.09% (bearish trend)
News & Sentiment Analysis
Recent Headlines Summary:
The recent news headlines are generally neutral, with no major surprises or significant market-moving events.
Sentiment Assessment:
Aggregate sentiment is neutral, reflecting the lack of clear trends or catalysts driving the stock.
Catalyst Identification:
Upcoming earnings season and potential rate changes could create opportunities for traders and investors.
- IV Rank (30D)
- 84.27
- IV Rank (7D)
- 84.27
- Avg IV
- 53.7%
- Straddle (30D)
- $3.72
- Straddle (7D)
- $3.72
- P/C Volume
- 0.36
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- -0.57
- Correlation (SPY)
- -26.8%
- R²
- 0.07
- Ann. Volatility
- 27.7%
- SPY Volatility
- 13.0%
Negative beta - stock moves opposite to market
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|