On May 22, Eastern Time, Direxion Semicon Bull 3X options saw a total of 267298 contracts traded, with calls accounting for 35% and puts making up 64%.
Direxion Semicon Bull 3X has 1058317 contracts outstanding, with calls accounting for 41% and puts making up 58%.
The top volume gainer was the 40 dollars Put option expiring on May 29, 2026, with 4007 contracts traded.
On the news front, Based on recent key news:

1. May 22, SanDisk shares rose 6.95% to $1377.00, driven by Nvidia's strong AI earnings and bullish analyst upgrades. The demand for NAND flash products in AI data centers pushed margins above 78%, according to Benzinga.

2. May 23, iShares Semiconductor ETF (SOXX) hit an intraday record high, extending a three-day rally. This surge was led by Qualcomm, which rose over 12%, as reported by Yahoo Finance.

3. May 25, the S&amp;P 500, Nasdaq, and Dow closed at record highs, supported by strong corporate earnings and tech stock strength, as noted by MarketBeat.Tech stocks rebound amid AI optimism.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2026-05-25/ETF_US_SOXL_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2026-05-25/ETF_US_SOXL_en.png"/>

SOXL

On May 22, Eastern Time, Direxion Semicon Bull 3X options saw a total of 267298 contracts traded, with calls accounting for 35% and puts making up 64%.

Trending | SOXL Surges 6% last Friday, Some Call options Soar 182%