Traders Purchase High Volume of Direxion Daily S&P 500 Bear 3X Shares Call Options (NYSEARCA:SPXS)

Posted by Doug Wharley on Mar 28th, 2026

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Get Free Report) was the target of unusually large options trading on Friday. Traders bought 7,901 call options on the company. This represents an increase of approximately 35% compared to the typical daily volume of 5,843 call options.

Direxion Daily S&P 500 Bear 3X Shares Stock Up 5.2%

Shares of NYSEARCA SPXS traded up $2.18 during trading hours on Friday, reaching $43.81. The stock had a trading volume of 24,710,644 shares, compared to its average volume of 14,286,705. Direxion Daily S&P 500 Bear 3X Shares has a fifty-two week low of $33.29 and a fifty-two week high of $106.70. The firm has a 50-day moving average of $36.25 and a 200-day moving average of $36.55.

Institutional Investors Weigh In On Direxion Daily S&P 500 Bear 3X Shares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MAI Capital Management purchased a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter worth approximately $40,000. PayPay Securities Corp raised its position in Direxion Daily S&P 500 Bear 3X Shares by 145.2% in the 4th quarter. PayPay Securities Corp now owns 3,008 shares of the company’s stock valued at $107,000 after purchasing an additional 1,781 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares in the 2nd quarter valued at $119,000. BTG Pactual Asset Management US LLC acquired a new stake in Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth $220,000. Finally, Kiker Wealth Management LLC acquired a new stake in Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth $228,000.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

(Get Free Report)

Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.