In today’s session Direxion Daily 20 Year Plus Treasury Br (TMV) registered an unusually high (309) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TMV increase. With 309 contracts traded and 3334 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TMV161118C00018000 closed last at: $0.8 or 6.7% up. Direxion Daily 20 Year Plus Treasury Br (NYSEARCA:TMV) has declined 19.80% since March 4, 2016 and is downtrending. It has underperformed by 27.84% the S&P500.
Direxion Daily 20 Year Plus Treasury Bear 3x Shares , formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The company has a market cap of $337.97 million. The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. It currently has negative earnings. The Index constituent bonds are weighted by their relative amounts outstanding.
More recent Direxion Daily 20 Year Plus Treasury Br (NYSEARCA:TMV) news were published by: Foxbusiness.com which released: “Loving Leveraged Bond ETFs” on July 20, 2016. Also Zacks.com published the news titled: “What Does the Solid July Job Data Mean for Bond ETFs?” on August 08, 2016. Zacks.com‘s news article titled: “Believe in George Soros? Short Samp;P 500 with These ETFs” with publication date: August 17, 2016 was also an interesting one.
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