NEW YORK (AVAFIN) -- A new 3-month trading record was established on both the call and put side for shares of Direxion Daily Financial Bull 3X Shares.
A total of 26,380 call and 34,516 put contracts were traded raising a low put/call volume alert.
There were 1.3 puts traded for each call contract yielding a 1.31 put/call ratio.
Investors use options to manage risk and to speculate on price changes. Options can provide
significant leverage if the stock moves in the right direction but aslo end up worthless if it
Shares of Direxion Daily Financial Bull 3X Shares edged up $2.98 (+4.65%) to $67.00. The price of the stock ranged
between a low of $64.22 and $67.05 respectively. The trading volume of 5M is below
the 90 day average volume of 8M shares. FAS is trading below the 50
day moving average. The stock's 52 week low is $22.5967 and 52 week high is $64.42. Within the last month, shares of FAS have gained 28.50% of their value.
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