What’s Direxion Shares Exchange Traded Fund Trust Upside After Today’s Bullish Options Activity?

 What's Direxion Shares Exchange Traded Fund Trust Upside After Today's Bullish Options Activity?

In today’s session Direxion Shares Exchange Traded Fund Trust (JDST) registered an unusually high (377) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious JDST increase. With 377 contracts traded and 1224 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: JDST161118C00028000 closed last at: $2.75 or 19.6% up. Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JDST) has declined 8.18% since April 5, 2016 and is downtrending. It has underperformed by 10.13% the S&P500.

More recent Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JDST) 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.

Tags:

Related posts

Leave a Comment