SOXL Options Are Pricing a $17.37 Move Into October 23. The Chart Model Sees a Slow Grind Lower

It's October 18, 2026, and this is your SOXL read, that's Direxion Daily Semiconductor Bull 3X Shares, which closed Friday at $93.67. The bias is neutral. The options market is pricing a move of about $17.37 either way into October 23, which gives you a range of $76.30 to $111.04. And the one price that breaks this read is $80. A close below it, and the analysis is invalidated. That's the call…

Read the full written analysis