LABU / Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X Shares - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Put/Call Ratios - Forward Looking and Historical

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.

Expiry	DTX	Open Put Interest	Open Call Interest	Put/Call Ratio
2025-09-12	5	1,199
2025-09-19	12	2,718
2025-09-26	19	469
2025-10-03	26	128
2025-10-10	33	9
2025-10-17	40	411
2025-10-24	47	1
2025-12-19	103	775
2026-01-16	131	9,569
2026-03-20	194	122
2027-01-15	495	5,035

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-05	23,538	10,938
2025-09-04	22,970	10,055
2025-09-03	22,155	9,498
2025-09-02	21,726	9,027
2025-08-29	25,249	10,966
2025-08-28	24,775	10,951
2025-08-27	24,552	10,776
2025-08-26	24,035	10,235
2025-08-25	20,900	6,836
2025-08-22	24,267	11,153
2025-08-21	24,111	10,114
2025-08-20	23,712	9,480
2025-08-19	22,672	8,066
2025-08-18	20,933	7,592
2025-08-15	25,598	12,735
2025-08-14	25,006	11,785
2025-08-13	24,732	11,657
2025-08-12	24,352	10,407
2025-08-11	22,610	7,337
2025-08-08	26,000	10,727

Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

Date	Put Volume	Put OI	Put Volume /Put OI	Call Volume	Call OI	Call Volume /Call OI
2025-09-05	2,383	23,538		4,574	27,587
2025-09-04	1,564	22,970		1,475	27,257
2025-09-03	1,963	22,155		2,334	26,520
2025-09-02	2,666	21,726		6,227	22,729
2025-08-29	3,915	25,249		2,489	27,493
2025-08-28	1,368	24,775		1,627	27,120
2025-08-27	917	24,552		1,441	26,758
2025-08-26	1,075	24,035		1,739	25,891
2025-08-25	3,760	20,900		2,293	25,056
2025-08-22	1,936	24,267		5,088	28,038
2025-08-21	1,096	24,111		1,368	27,531
2025-08-20	1,075	23,712		4,776	26,339
2025-08-19	2,183	22,672		1,789	25,922
2025-08-18	2,959	20,933		3,946	22,733
2025-08-15	1,880	25,598		3,578	30,377
2025-08-14	1,999	25,006		1,924	30,678
2025-08-13	2,921	24,732		6,739	29,042
2025-08-12	1,611	24,352		4,606	26,725
2025-08-11	2,629	22,610		5,009	23,136
2025-08-08	2,367	26,000		2,869	29,663
2025-08-07	2,290	24,825		3,327	29,267
2025-08-06	1,587	23,907		2,868	28,586
2025-08-05	1,090	23,520		1,552	27,843
2025-08-04	2,160	22,148		5,110	24,016
2025-08-01	3,272	26,404		4,287	28,848

Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Option Trading Volume - Total Market

Update Frequency: Daily

Option Trading Volume - Exchange

Update Frequency: Daily