In today’s session Direxion Daily 20 Year Plus Treasury Br (TMV) registered an unusually high (1,726) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious TMV increase. With 1,726 contracts traded and 32934 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: TMV161021C00018000 closed last at: $0.9 or 125% up. Direxion Daily 20 Year Plus Treasury Br (NYSEARCA:TMV) has declined 18.87% since March 15, 2016 and is downtrending. It has underperformed by 24.36% 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 Prnewswire.com published the news titled: “Direxion Announces Move to ICE Indexes for Leveraged and Inverse Treasury ETFs” on March 02, 2016. Zacks.com‘s news article titled: “What Does the Solid July Job Data Mean for Bond ETFs?” with publication date: August 08, 2016 was also an interesting one.
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