In today’s session Direxion Small Cap Bull 3X Shares (ETF) (TNA) recorded an unusually high (365) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2018 put, expecting serious TNA decrease. With 365 contracts traded and 84564 open interest for the Jan, 18 contract, it seems this is a quite bearish bet. The option with symbol: TNA180119P00045000 closed last at: $5.85 or 7.1% down. Direxion Small Cap Bull 3X Shares (ETF) (NYSEARCA:TNA) has risen 49.59% since April 12, 2016 and is uptrending. It has outperformed by 44.61% 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, Etftrends.com published: “ETF Spotlight: Direxion Daily Small Cap Bull 3x Shares (TNA)” on August 29, 2011. More interesting news about Direxion Small Cap Bull 3X Shares (ETF) (NYSEARCA:TNA) were released by: Benzinga.com and their article: “Leveraged ETF Rebalancing: It’s Not As Bad As It Seems” published on October 06, 2015 as well as Marketwatch.com‘s news article titled: “Direxion Daily Small Cap Bull 3x Shares” with publication date: February 17, 2010.
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