“Direxion Daily Financial Bear 3X ETF (NYSE:FAZ) options saw interesting call activity today. A total of 10,880 put and 67,544 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.16. There were 6.21 calls traded for each put contract. Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of investor behavior. A high Put/Call ratio suggests that the investor sentiment is bearish and that investors expect the underlying stock to decrease in value. In contrast, a low Put/Call ratio suggests that the investor sentiment is bullish and that the underlying stock is expected to increase in value. Unusual volume provides reliable clues that the stock is expected to make a move,” Market Intellisearch Reports.

“Shares of FAZ closed at $14.25 in the previous trading session and opened today at $14.15. Direxion Daily Finan. Bear 3X Shs settled the day up $0.06 to $14.31 in the trading session. The day’s trading range is between $14.07 and $14.75 respectively. On the volume side, 54,011,960 shares were traded which is less than the average volume of 80,246,800 shares. FAZ is trading above the 50 day moving average and lower than the 200 day moving average. The stock’s 52 week low is $10.78 and 52 week high is $59.70,” Market Intellisearch Reports.

Friday’s close for the Direxion Daily 3X Financial Bear ETF (NYSE:FAZ) will be interesting as it will be a Quadruple Witching Day. We have put together some more details on the Direxion Shares Daily Financial Bear 3x ETF (NYSE:FAZ) and the bull ETF known as the Direxion Shares Daily Financial Bull 3X ETF (NYSE:FAS) below.  A snapshot of June’s options activity for the Direxion Daily 3X Financial Bear ETF (NYSE:FAZ) is included as well.

Direxion Shares Daily Financial Bear 3x ETF (NYSE:FAZ) VISIT OUR FAZ CATEGORY: HERE

The fund seeks daily investment results, before fees and expenses, of 300% of the inverse of price performance of the Russell 1000 Financial Services index. The fund normally creates short positions by investing at least 80% of net assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. It is nondiversified.

Direxion Shares Daily Financial Bull 3X ETF (NYSE:FAS) VISIT OUR FAS CATEGORY: HERE

The Financial Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the Russell 1000® Financial Services Index (“Financial Index”). There is no guarantee the fund will meet its stated investment objective. The Russell 1000® Financial Services Index is a capitalization-weighted index of companies that provide financial services. As of April 30, 2008, the Index had 227 components, derived from the Russell 1000 Index with an average market capitalization of over $11 billion dollars and a median market capitalization of $4.4 billion dollars. One cannot directly invest in an Index.

Strike Symbol Last Chg Bid Ask Vol Open Int 6.00 FAZ100619C00006000 11.98 0.00 8.25 8.75 0 4 8.00 FAZ100619C00008000 8.77 0.00 6.25 6.80 0 1,011 9.00 FAZ100619C00009000 5.25 0.00 5.25 5.45 42 96 10.00 FAZ100619C00010000 4.35 0.15 4.25 4.40 2,589 5,139 11.00 FAZ100619C00011000 3.60 0.20 3.25 3.40 578 7,016 12.00 FAZ100619C00012000 2.29 0.01 2.28 2.37 2,510 4,428 13.00 FAZ100619C00013000 1.35 0.07 1.29 1.37 5,214 8,093 14.00 FAZ100619C00014000 0.47 0.05 0.43 0.46 10,245 8,413 15.00 FAZ100619C00015000 0.08 0.11 0.09 0.10 8,978 16,412 16.00 FAZ100619C00016000 0.03 0.05 0.03 0.04 2,892 17,975 17.00 FAZ100619C00017000 0.01 0.02 0.01 0.02 713 14,939 18.00 FAZ100619C00018000 0.01 0.01 N/A 0.01 758 12,120 19.00 FAZ100619C00019000 0.01 0.00 N/A 0.01 382 13,154 20.00 FAZ100619C00020000 0.01 0.00 N/A 0.01 35 8,918 21.00 FAZ100619C00021000 0.01 0.00 N/A 0.01 25 4,604 22.00 FAZ100619C00022000 0.01 0.00 N/A 0.01 359 5,554 23.00 FAZ100619C00023000 0.01 0.00 N/A 0.01 50 5,554 24.00 FAZ100619C00024000 0.01 0.00 N/A 0.01 5 4,652 25.00 FAZ100619C00025000 0.01 0.00 N/A 0.01 20 2,939 26.00 FAZ100619C00026000 0.04 0.00 N/A 0.01 0 2,536 27.00 FAZ100619C00027000 0.02 0.00 N/A 0.01 0 4,622 28.00 FAZ100619C00028000 0.01 0.00 N/A 0.01 0 2,878 29.00 FAZ100619C00029000 0.02 0.00 N/A 0.01 0 1,471 30.00 FAZ100619C00030000 0.01 0.00 N/A 0.01 0 1,865 31.00 FAZ100619C00031000 0.01 0.00 N/A 0.01 0 4,647

Strike Symbol Last Chg Bid Ask Vol Open Int 6.00 FAZ100619P00006000 0.01 0.00 N/A 0.01 0 379 7.00 FAZ100619P00007000 0.02 0.00 N/A 0.01 0 10 8.00 FAZ100619P00008000 0.01 0.00 N/A 0.01 5 143 9.00 FAZ100619P00009000 0.02 0.00 N/A 0.01 0 922 10.00 FAZ100619P00010000 0.01 0.00 N/A 0.01 0 2,039 11.00 FAZ100619P00011000 0.01 0.00 N/A 0.01 351 2,367 12.00 FAZ100619P00012000 0.01 0.00 N/A 0.01 5 5,217 13.00 FAZ100619P00013000 0.02 0.02 N/A 0.02 450 4,871 14.00 FAZ100619P00014000 0.12 0.18 0.11 0.12 3,064 6,858 15.00 FAZ100619P00015000 0.77 0.16 0.74 0.77 796 7,010 16.00 FAZ100619P00016000 1.42 0.39 1.67 1.75 109 7,484 17.00 FAZ100619P00017000 2.40 0.30 2.65 2.74 152 3,062 18.00 FAZ100619P00018000 3.60 0.22 3.35 3.75 8 1,080 19.00 FAZ100619P00019000 4.70 0.10 4.35 4.75 75 1,277 20.00 FAZ100619P00020000 5.75 0.05 5.35 5.75 1 257 21.00 FAZ100619P00021000 5.90 0.00 6.35 6.75 5 104 22.00 FAZ100619P00022000 7.75 0.05 7.20 7.75 4 284 23.00 FAZ100619P00023000 7.85 0.00 8.15 8.75 30 187 24.00 FAZ100619P00024000 8.50 0.00 9.60 9.75 0 280 25.00 FAZ100619P00025000 8.10 0.00 10.20 10.75 0 185 26.00 FAZ100619P00026000 8.60 0.00 11.15 11.75 0 29 27.00 FAZ100619P00027000 9.20 0.00 12.40 12.75 0 12 30.00 FAZ100619P00030000 14.65 0.00 15.15 15.80 0 23 31.00 FAZ100619P00031000 13.10 0.00 16.15 16.80 0 93

NYSE:FAS, NYSE:FAZ