TZA Unusual Option Activity
Direxion Daily Small Cap Bear 3x ETF (TZA) option volume on Nov 6, 2026 was 4.5% of open interest, below the 20-day average of 8.6%. Calls made up 67.0% of the volume.
TZA 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 TZA seeing unusual options activity?
On Nov 6, 2026, TZA options traded 1.23K contracts against 27.46K open, a volume to open interest ratio of 0.04, below its 20-day average. The table above lists the contracts with the highest ratios.
Are TZA traders trading more calls or puts?
Calls made up 67.0% of TZA option volume on Nov 6, 2026, a put/call ratio of 0.49, so calls outnumber puts. The TZA option volume chart shows calls and puts by strike.