NEW YORK (AVAFIN) -- Direxion Daily Financial Bear 3X Shares options contracts experienced interesting call activity during the last session. There were 4.5
calls traded for every put contract yielding a 0.22 put/call ratio. Specifically, 5,449 put and 24,712 call
contracts were traded.
Unusual volume provides reliable clues that the stock is expected to make a move. Investors
can use the put/call ratio statistics to measure trader sentiment. A high put/call ratio
suggests that the overall investment sentiment is bearish and that investors expect the
underlying stock to decrease in value. Conversely, a low put/call ratio implies that
investor sentiment is bullish based on the large amount of call options.
The last trading session witnessed a low of $25.54 and high of $26.85 during the day. Shares of Direxion Daily Financial Bear 3X Shares
gained $0.41 (+1.57%) to $26.56. The current trading volume of 18M is greater
than average volume of 16M shares. The stock's 52 week low is $19.92 and 52 week high is $81.50. Performance indicators show that the stock has lost -0.41% within the last week.