SPXL Unusual Option Activity
Direxion Daily S&P 500 Bull 3x ETF (SPXL) option volume on Nov 6, 2026 was 11.0% of open interest, well above the 20-day average of 5.6%. Calls made up 35.8% of the volume.
SPXL Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is SPXL seeing unusual options activity?
On Nov 6, 2026, SPXL options traded 7.75K contracts against 70.46K open, a volume to open interest ratio of 0.11, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are SPXL traders trading more calls or puts?
Calls made up 35.8% of SPXL option volume on Nov 6, 2026, a put/call ratio of 1.79, so puts outnumber calls. The SPXL option volume chart shows calls and puts by strike.