In today’s session Direxion Daily 20+ Year Trsry Bll 3X Shr (TMF) recorded an unusually high (820) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious TMF decrease. With 820 contracts traded and 11444 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: TMF161118P00023750 closed last at: $4.9 or 2.1% up. Direxion Daily 20+ Year Trsry Bll 3X Shr (NYSEARCA:TMF) has declined 19.34% since April 14, 2016 and is downtrending. It has underperformed by 24.02% the S&P500.
Direxion Daily 20 Year Plus Treasury Bull 3x Shares , formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The company has a market cap of $84.75 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 Trsry Bll 3X Shr (NYSEARCA:TMF) were recently published by: Benzinga.com, which released: “These Bond ETFs Are On Fire” on March 02, 2016. Foxbusiness.com‘s article titled: “Loving Leveraged Bond ETFs” and published on July 20, 2016 is yet another important article.
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