SOXS Options Are Pricing an $11.68 Move Into Nov 6, and Positioning Leans Slightly Bearish

This is your Sunday read on Direxion Daily Semiconductor Bear 3X Shares, ticker SOXS, for November 1, 2026. It closed Friday at $52.08. The bias is slightly bearish. The options market is pricing a move of about $11.68 in either direction through the November 6 expiration, which gives a range of $40.40 to $63.76. And the one price that kills this read is $54.38. A close above that, and the…

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