In today’s session Direxion Shares Exchange Traded Fund Trust (NUGT) recorded an unusually high (294) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious NUGT decrease. With 294 contracts traded and 20004 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: NUGT170120P00012000 closed last at: $2.7 or 8% up. Direxion Shares Exchange Traded Fund Trust (NYSEARCA:NUGT) has risen 1.76% since March 29, 2016 and is uptrending. It has underperformed by 1.71% the S&P500.
More recent Direxion Shares Exchange Traded Fund Trust (NYSEARCA:NUGT) news were published by: Profitconfidential.com which released: “Triple-Digit Upside for Direxion Shares Exchange Traded Fund Trust?” on August 23, 2016. Also Investorplace.com published the news titled: “The Direxion Shares Exchange Traded Fund Trust (DUST) Is Flying!” on October 04, 2016. Learnbonds.com‘s news article titled: “Feds Adopt Hawkish Stand: Gold, Direxion Shares Exchange Traded Fund Trust …” with publication date: August 29, 2016 was also an interesting one.
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