Direxion Daily 20+ Year Treasury Bear -3X Shares
Direxion Daily 20+ Year Treasury Bear -3X Shares (TMV) Expected Move
TMV expected move through Oct 16, 2026 is 7.3%, with 26 days to expiration. The implied range is $40.90 to $47.30, based on the previous trading day's options prices.
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Tracking the TMV expected move helps you see how far Direxion Daily 20+ Year Treasury Bear -3X Shares'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 20+ Year Treasury Bear -3X Shares'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 TMV 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 TMV, 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 TMV 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 20+ Year Treasury Bear -3X Shares is unlikely to go.
The Direxion Daily 20+ Year Treasury Bull & Bear 3X ETFs seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE U.S. Treasury 20+ Year Bond Index. There is no guarantee the funds will achieve their stated investment objectives.
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 TMV 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 20+ Year Treasury Bear -3X Shares 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 TMV.
TMV Price
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| Expiration | DTE | Expected move (USD) | Expected move (%) | Upper price | Lower price |
|---|---|---|---|---|---|
| Oct 16, 2026 | 26 | $3.20 | 7.3% | $47.30 | $40.90 |
| Nov 20, 2026 | 61 | $4.64 | 10.5% | $48.74 | $39.46 |
| Jan 15, 2027 | 117 | $7.00 | 15.9% | $51.10 | $37.10 |
| Feb 19, 2027 | 152 | $7.68 | 17.4% | $51.78 | $36.43 |
As of September 18, 2026
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