Direxion Financial Bear 3X ETF

FAZAMEX · USD
34.69USD0.00 (-0.98%)

Direxion Financial Bear 3X ETF (FAZ) Implied Volatility Current

FAZ implied volatility is 45%. IV Rank is 17%, placing current premiums in the bottom of their 52-week range.

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Tracking FAZ implied volatility helps you identify when options premiums on Direxion Financial Bear 3X ETF are historically cheap or expensive, and where the best trades are hiding. Direxion Financial Bear 3X ETF implied volatility reflects the market's expectation of future price movement: when FAZ IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor Direxion Financial Bear 3X ETF's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For FAZ, tracking metrics like FAZ IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on FAZ signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

The Direxion Daily Financial Bull and Bear 3X ETF seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Financial Select Sector Index. There is no guarantee the funds will achieve their stated investment objective.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where FAZ implied volatility sits today versus where it has been. Our scanner ranks Direxion Financial Bear 3X ETF implied volatility against its historical range, surfaces extremes in FAZ IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether Direxion Financial Bear 3X ETF IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
17.06%IV Rank
Low

IV is compressed vs the past year - options are relatively cheap, favoring buyers.

Implied Volatility (30d)44.84%

IV Rank17.06%

Historical Volatility (30d)34.93%

IV - HV+9.91%

As of September 21, 2026

Trade options with IV on your side

Track FAZ IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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