TZA · Expected Move
Direxion Daily Small Cap Bear 3x ETF · ETF
The expected move for TZA is derived from at-the-money straddle pricing — the market's implied one-standard-deviation move through the next 30 days. Comparing it to realized moves reveals when options are pricing in too much (premium-selling regime) vs too little (premium-buying regime).
TZA straddle price & implied vol
59 sessionsBars: at-the-money straddle price (30-day and 7-day) — the market's priced move. Line: average implied volatility (right axis).
Current TZA Expected Move
30-Day Straddle
$3.84
7-Day Straddle
$0.62
Avg IV
4.3%
IV Rank
63%
Implied one-standard-deviation move through the next 30 days. Compare to TZA's realized
move over the same window to gauge whether options are pricing in too much (premium-selling regime)
or too little (premium-buying regime). The
Expected Move Tracker ranks every symbol by
this measure.
TZA Straddle Price — Last 60 Days
| Date | 30D Straddle | 7D Straddle | Avg IV | IV Rank |
|---|---|---|---|---|
| 20261002 | $3.84 | $0.62 | 4.3% | 63% |
| 20261001 | $4.54 | $1.70 | 4.0% | 58% |
| 20260930 | $4.71 | $2.19 | 4.0% | 59% |
| 20260929 | $4.69 | $2.26 | 3.5% | 49% |
| 20260928 | $4.58 | $2.60 | 3.6% | 51% |
| 20260925 | $4.70 | $2.77 | 3.4% | 48% |
| 20260924 | $5.00 | $2.98 | 299.0% | 41% |
| 20260923 | $4.96 | $3.02 | 3.1% | 44% |
| 20260922 | $4.47 | $2.72 | 3.0% | 42% |
| 20260921 | $4.74 | $1.60 | 3.2% | 45% |
| 20260918 | $5.09 | $2.20 | 277.7% | 38% |
| 20260917 | $4.99 | $2.58 | 3.0% | 42% |
| 20260916 | $5.95 | $3.34 | 277.2% | 38% |
| 20260915 | $6.08 | $3.80 | 276.2% | 38% |
| 20260914 | $5.76 | $2.65 | 282.8% | 39% |
| 20260911 | $5.76 | $2.68 | 256.7% | 34% |
| 20260910 | $6.68 | $3.49 | 257.4% | 34% |
| 20260909 | $4.78 | $3.06 | 59.5% | 1% |
| 20260908 | $4.28 | $2.92 | 52.5% | 0% |
| 20260904 | $4.51 | $1.82 | 52.5% | 0% |
| 20260903 | $4.70 | $2.00 | 51.9% | 0% |
| 20260902 | $4.97 | $2.25 | 51.6% | 0% |
| 20260901 | $5.34 | $2.88 | 54.5% | 0% |
| 20260831 | $4.96 | $1.78 | 53.2% | 0% |
| 20260828 | $5.18 | $2.00 | 60.1% | 1% |
| 20260827 | $5.63 | $2.33 | 60.2% | 1% |
| 20260826 | $4.90 | $2.42 | 59.3% | 0% |
| 20260825 | $5.30 | $2.74 | 60.7% | 1% |
| 20260824 | $5.77 | $1.65 | 58.9% | 0% |
| 20260821 | $4.21 | $1.85 | 59.3% | 0% |
| 20260820 | $4.90 | $1.96 | 59.5% | 0% |
| 20260819 | $4.50 | $2.30 | 57.9% | 0% |
| 20260818 | $4.63 | $2.40 | 62.6% | 1% |
| 20260817 | $4.48 | $1.22 | 59.5% | 0% |
| 20260814 | $4.12 | $1.56 | 56.7% | 0% |
| 20260813 | $2.87 | $1.90 | 58.7% | 0% |
| 20260812 | $4.23 | $1.98 | 59.2% | 0% |
| 20260811 | $4.74 | $2.61 | 60.4% | 0% |
| 20260810 | $4.94 | $1.54 | 59.1% | 0% |
| 20260806 | $4.86 | $2.46 | 61.3% | 0% |
| 20260805 | $5.04 | $2.52 | 67.5% | 1% |
| 20260804 | $4.97 | $2.76 | 64.0% | 0% |
| 20260803 | $5.45 | $1.64 | 62.9% | 0% |
| 20260731 | $5.49 | $2.40 | 188.9% | 18% |
| 20260730 | $6.01 | $2.79 | 185.8% | 17% |
| 20260729 | $6.69 | $4.09 | 217.0% | 23% |
| 20260728 | $5.90 | $3.59 | 207.4% | 21% |
| 20260727 | $6.27 | $2.65 | 212.5% | 22% |
| 20260724 | $5.95 | $2.75 | 124.8% | 7% |
| 20260723 | $5.90 | $3.19 | 120.5% | 6% |
| 20260722 | $5.78 | $3.12 | 119.0% | 6% |
| 20260721 | $5.38 | $3.29 | 118.7% | 5% |
| 20260720 | $5.70 | $2.69 | 117.4% | 5% |
| 20260716 | $5.02 | $2.25 | 218.8% | 23% |
| 20260715 | $4.05 | $4.66 | 6.5% | 100% |
| 20260714 | $0.46 | $0.32 | 149.1% | 44% |
| 20260713 | $0.60 | $0.23 | 149.9% | 44% |
| 20260710 | $0.60 | $0.21 | 227.4% | 100% |
| 20260709 | $0.54 | $0.27 | 174.4% | 83% |
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.