What’s Propelling Direxion Daily 20 Year Plus Treasury Br to Increase So Much?

 What's Propelling Direxion Daily 20 Year Plus Treasury Br to Increase So Much?

In today’s session Direxion Daily 20 Year Plus Treasury Br (TMV) registered an unusually high (202) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious TMV increase. With 202 contracts traded and 8744 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: TMV180119C00020000 closed last at: $3.2 or 3% down. Direxion Daily 20 Year Plus Treasury Br (NYSEARCA:TMV) has declined 12.67% since March 30, 2016 and is downtrending. It has underperformed by 15.68% 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 news for Direxion Daily 20 Year Plus Treasury Br (NYSEARCA:TMV) were recently published by: Zacks.com, which released: “Believe in George Soros? Short Samp;P 500 with These ETFs” on August 17, 2016. Seekingalpha.com‘s article titled: “Our Best Investment Idea Is Starting To Pay Dividends – Gramercy Property …” and published on December 24, 2013 is yet another important article.

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