On January 8, Eastern Time, Direxion Semicon Bull 3X options saw a total of 259898 contracts traded, with calls accounting for 56% and puts making up 43%.
Direxion Semicon Bull 3X has 1407625 contracts outstanding, with calls accounting for 56% and puts making up 43%.
The top volume gainer was the 50 dollars Call option expiring on January 9, 2026, with 4849 contracts traded.
On the news front, Based on recent key news:

1. Jan 6, Nvidia's stock dropped 9.1% since its October peak, reflecting investor concerns over its ability to maintain growth amidst broader market gains. This decline has impacted semiconductor ETFs, including SOXL, which tracks the sector's performance. Source: MarketWatch

2. Jan 7, AMD experienced a sharp decline due to heavy insider selling and technical factors, which triggered momentum-based selling. This contributed to a broader sell-off in semiconductor stocks, affecting SOXL's performance. Source: Invezz

3. Jan 8, U.S. tech stocks faced selling pressure as funds shifted to energy and defense sectors, influenced by geopolitical tensions and military spending proposals. This sector rotation has negatively impacted SOXL's value. Source: BenzingaTech sector faces rotation; AI demand strong.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2026-01-09/ETF_US_SOXL_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2026-01-09/ETF_US_SOXL_en.png"/>

SOXL

On January 8, Eastern Time, Direxion Semicon Bull 3X options saw a total of 259898 contracts traded, with calls accounting for 56% and puts making up 43%.

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