Stock Traders Buy High Volume of Direxion Daily CSI 300 China A Share Bull 2x Shares Put Options (NYSEARCA:CHAU)

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) was the recipient of some unusual options trading on Friday. Stock investors purchased 12,049 put options on the stock. This represents an increase of approximately 129% compared to the average daily volume of 5,270 put options.

Direxion Daily CSI 300 China A Share Bull 2x Shares Stock Down 2.3 %

Direxion Daily CSI 300 China A Share Bull 2x Shares stock opened at $15.64 on Friday. Direxion Daily CSI 300 China A Share Bull 2x Shares has a 12-month low of $11.30 and a 12-month high of $28.25. The stock has a 50-day simple moving average of $16.10 and a 200 day simple moving average of $14.39. The stock has a market capitalization of $68.82 million, a price-to-earnings ratio of 9.69 and a beta of 0.99.

About Direxion Daily CSI 300 China A Share Bull 2x Shares

The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.