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TZA
Direxion Daily Small Cap Bear 3x ETF
stock NYSE ETF

Market Open

Mar 17, 2026 1:25:36 PM EDT

7.05USD-1.536%(-0.11)104,299,429

7.05Bid 7.06Ask 0.01Spread

Pre-market

Mar 17, 2026 9:28:30 AM EDT

7.06USD-1.397%(-0.10)1,702,416

After-hours

Mar 16, 2026 4:58:30 PM EDT

7.16USD+0.070%(0.00)0

OverviewMax PainHistoricalExchangesShortsMore

TZA Max Pain Summary

The max pain for TZA on March 20th, 2026 is $6.00.

TZA Option Chain Summary

	Calls		Puts		Max	P/C	Price vs.
Exp.	ITM	OTM	ITM	OTM	Pain¹	Ratio²	Max Pain
Mar 20, 2026	13,491	13,564	677	5,231	6.00	0.22	+17.50%
Mar 27, 2026	3,270	5,712	342	1,401	6.50	0.19	+8.46%
Apr 2, 2026	1,521	1,269	233	174	5.50	0.15	+28.18%
Apr 10, 2026	886	704	13	81	6.00	0.06	+17.50%
Apr 17, 2026	10,202	16,565	2,015	2,520	6.00	0.17	+17.50%
Apr 24, 2026	214	2,228	3	175	6.00	0.07	+17.50%
May 1, 2026	3,857	539	16	46	5.50	0.01	+28.18%
Jul 17, 2026	2,532	3,701	335	2,237	6.00	0.41	+17.50%
Oct 16, 2026	221	87	0	324	6.00	1.05	+17.50%
Jan 15, 2027	2,735	13,405	11,134	7,932	10.00	1.18	-29.50%
Jan 21, 2028	753	2,271	865	7,744	8.00	2.85	-11.88%
Totals	39,682 99,727 H	60,045	15,633 43,498 H	27,865		0.44

¹ Maximum pain is the strike price with the most open puts and calls and the price at which the stock would cause financial losses for the largest number of option holders at expiration. Investopedia

² In general, greater than 0.7 suggests bearish sentiment is building in the market; below 0.7 is considered a bullish indicator. Investopedia