In today’s session Direxion Shares Exchange Traded Fund Trust (EDC) recorded an unusually high (282) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious EDC decrease. With 282 contracts traded and 3594 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: EDC161118P00037000 closed last at: $0.7 or 55.6% up. Direxion Shares Exchange Traded Fund Trust (NYSEARCA:EDC) has risen 20.41% since April 5, 2016 and is uptrending. It has outperformed by 18.46% the S&P500.
More recent Direxion Shares Exchange Traded Fund Trust (NYSEARCA:EDC) 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.
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.