In today’s session Direxion Small Cap Bull 3X Shares (ETF) (TNA) recorded an unusually high (699) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious TNA decrease. With 699 contracts traded and 7104 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: TNA161021P00067000 closed last at: $0.36 or 30.8% down. Direxion Small Cap Bull 3X Shares (ETF) (NYSEARCA:TNA) has risen 40.55% since March 16, 2016 and is uptrending. It has outperformed by 35.00% the S&P500.
Direxion Daily Small Cap Bull 3X Shares , formerly Direxion Small Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the Russell 2000 Index (the Small Cap Index). The ETF has a market cap of $731.88 million. The Small Cap Index measures the performance of the small-cap segment of the United States equity universe, and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index. It currently has negative earnings. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
More notable recent Direxion Small Cap Bull 3X Shares (ETF) (NYSEARCA:TNA) news were published by: Etfdailynews.com which released: “Stop Investing In Leveraged ETFs [Direxion Small Cap Bull 3X Shares (ETF …” on August 19, 2014, also Etfdailynews.com with their article: “Time To Buy Small Caps? [Direxion Daily Small Cap Bear 3X Shares, Direxion …” published on May 15, 2014, Benzinga.com published: “Getting It Wrong With Small-Cap ETFs” on September 29, 2015. More interesting news about Direxion Small Cap Bull 3X Shares (ETF) (NYSEARCA:TNA) were released by: Etftrends.com and their article: “ETF Spotlight: Direxion Daily Small Cap Bull 3x Shares (TNA)” published on August 29, 2011 as well as Benzinga.com‘s news article titled: “Leveraged ETF Rebalancing: It’s Not As Bad As It Seems” with publication date: October 06, 2015.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.