Direxion Small Cap Bull 3X Shares (ETF) Stock Was Sold By Options Traders

 Direxion Small Cap Bull 3X Shares (ETF) Stock Was Sold By Options Traders

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.

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