Direxion Daily Aerospace & Defense Bull 3X ETF

DFENAMEX · USD
52.44USD0.00 (-3.41%)

Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) Expected Move

DFEN expected move through Sep 18, 2026 is 7.3%, with 2 days to expiration. The implied range is $48.60 to $56.28, based on the previous trading day's options prices.

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Tracking the DFEN expected move helps you see how far Direxion Daily Aerospace & Defense Bull 3X ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Direxion Daily Aerospace & Defense Bull 3X ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the DFEN expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For DFEN, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The DFEN expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Direxion Daily Aerospace & Defense Bull 3X ETF is unlikely to go.

The Direxion Daily Aerospace & Defense Bull 3X ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the Dow Jones U.S. Select Aerospace & Defense Index. There is no guarantee the fund will achieve its stated investment objective.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the DFEN expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Direxion Daily Aerospace & Defense Bull 3X ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about DFEN.

DFEN Price

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ExpirationDTEExpected move (USD)Expected move (%)Upper priceLower price
Sep 18, 20262$3.847.3%$56.28$48.60
Oct 16, 202630$9.0517.3%$61.49$43.39
Jan 15, 2027121$16.9532.3%$69.39$35.49
Apr 16, 2027212$22.2342.4%$74.66$30.21

As of September 15, 2026

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Track the DFEN expected move across every expiration, filter by IV rank and liquidity, and trade around the range the market is already pricing in.

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