Direxion Daily Gold Miners Bull 3X Shrs - Market Review

Posted on 12/21/2012 by Evelyn Greenberg

Share on StockTwits




NEW YORK (AVAFIN) -- Direxion Daily Gold Miners Bull 3X Shrs options set a new 90-day record for the number of call contracts that exchanged hands between the buyers and the sellers. Aggregate volume of puts was 3,001 and calls was 17,742 equating to a 0.17 put/call ratio.

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 trading volume of 4M is below the 90 day average volume of 5M shares. Shares of Direxion Daily Gold Miners Bull 3X Shrs edged up $0.06 (+0.61%) to $9.94. The price of the stock ranged between a low of $9.60 and $10.16 respectively.


Option Alerts    Technical Alerts    Market Movers    Candle Stick Alerts    Chart Patterns
You need to upgrade your Flash Player



    search    
   subscribe
ADVISORY ALERTS

:: Market Movers ::

:: Technical Alerts ::

:: Candle Stick Alerts ::

:: Chart Patterns ::

:: Options Advisory Center ::

:: Block Trades Review ::

:: Trade Flow Analysis ::