Direxion Daily Russia Bull 3X Shares (RUSL)

[pj McMulligan]

Curious if anyone here had shorts in the money that expired on March 11th. Any intel regarding exercising or success in closing the contracts prior to expiration? Thanks in advance~

[pj McMulligan]

Open questions for the group regarding current holdings of multiple puts in the money on RUSL and RSX. Market orders to close those positions have not filled so far this past week. Is anyone here aware of the procedure to manually enter positive exercise instruction screen in ENCORE or submit Expiring Exercise Declarations for those involved options? So far all the Fidelity Active traders reps spoken to don't have clue. Thanks for anyone with intel. -PJ

https://infomemo.theocc.com/infomemos?number=50151

[ThoroughBread]

Level II Indicating this ticker symbol no longer RUSL. but TRASH. No need to read between those lines

[TheFinalCD]

RUSL 2.58 -20%

[tw0122]

Only puts now on RUSL as a play and even that could entail risk as the Direxion crooks shutting down RUSL down March 11th as soon as that news came out yesterday was out. Still flipped it a few times for profit before the final news dagger.
No news yet from OTC suspending any Russian stocks. Let me know if you see any.
Still some Russian OTC plays that are interesting the most exciting is Gazprom which is now severely beat down. As one of largest oil companies in the world will the war end before OTC is forced to delist?

Will have to watch. We know that all the current US and European sanctions against Russia are bogus so far because Russia is the top supplier of imported gasoline to the United States. “In 2021, Russia accounted for 21% of all U.S. gasoline imports,” Forbes writes. Feb 28.
All LUKOil gas stations still running in the US and
Sanctions imposed completely useless as Russia (Gazprom) continues to send gas to Europe & even increased supply since the invasion
Much of it transits Ukraine. *****Russian & Ukrainian managers still cooperate 24 hrs. Russia is still paying transit fees.*****

So with RUSL gone March 11 you do your own Russia stock hunt and find good junk for sale that won’t be delisted permanently by Nasdaq or OTC

Ticker Exchange Industry
1 Cian PLC^ CIAN NYSE^ Software&ComputerSvc
2 HeadHunter Group PLC ^ HHR NASDAQ^ Recruiting
3 Mechel Steel^ MTL NYSE^ Indust.Metals&Mining
4 Mobile Telesystems Public Joint Stock Company^ MBT NYSE^ Mobile Telecom.
5 Nexters Inc ^ GDEV NASDAQ^ Video Games
6 Ozon Holdings PLC^ OZON NASDAQ^ Personal Goods
7 QIWI^ QIWI NASDAQ^ Financial Services
8 Yandex*^ YNDX NASDAQ^


Russia's most popular ADRs include:

Gazprom OAO ADR (OTC: OGZPY)
Lukoil ADR (OTC: LUKOY)
Mechel OAO (NYSE: MTL)
OJSC Polyus Gold ADR (OTC: OPYGY)
International investors looking for direct exposure can purchase Russian securities directly using any global trading platform with access to the Russian RTS. The country's most popular stocks are listed on the RTS 50 index, which is the country's equivalent to the S&P 500 in the U.S.

Popular Russian ETFs include:

The Market Vector Russia ETF Trust (NYSE: RSX)
The iShares MSCI Russia Capped Index Fund (NYSE: ERUS)
The SPDR S&P Russia ETF (NYSE: RBL)
The Market Vectors Russia Small-Cap ETF (NYSE: RSXJ

Also follow the Bitcoin trail as Russia has 12% market share of cryptocurrency.

Crypto Relevant
@crypto_relevant
Russia’s finance minister Anton Siluanov, says placing a ban on #bitcoin is “same as banning the internet, which is impossible”.
Russians sending Bitcoin higher!!
Can’t trade euros and dollars for rubles but sure can trade Bitcoin in secure private wallets.
Russians owns $200 billion in crypto’s over 12% of World circulation. Russian average citizens sending Bitcoin price up

[TheFinalCD]

https://ih.advfn.com/stock-market/AMEX/direxion-daily-russia-bu-RUSL/stock-news/87418447/russia-retaliates-against-western-sanctions-mosco

[tw0122]

Russia sells more wheat than any other country in the world. At the same time, its domestic grain consumption is growing, too. So how did Russia manage to achieve this breakthrough in wheat exports?
In 2020, Russia will retain its title of the world’s largest wheat exporter, according to data from the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS USDA).

Russia is the world’s top producer of Palladium and the world’s second largest producer of Platinum. South Africa holds the number one producer spot for Platinum and the number two spot for Palladium. Both countries will be major beneficiaries of the current Russian aggression in Ukraine that is raising prices on the two key components of catalytic converters, jewelry and a host of other products
24 NOV 2021, 12:08
Russia becomes world’s biggest oil producer in September, says statistics service

According to the state statistics service Rosstat, Russia’s output rose to 10.73 mln barrels per day, whereas the US’ production fell to 10.72 mln barrels per day

According to Russian data, Russia has overtaken Brazil in terms of pig production performance in 2020, thus becoming the world's 5th largest pork producer. The data come from a research by the Russian state bank Gazprombank. In 2020, Russia produced 4.27 million tonnes of pork in slaughter weight, 9.7% up compared to the previous year.
Russia's top exports included crude and refined petroleum, natural gas, coal, semi-finished iron, aluminium, wheat, gold, diamonds, copper among others. The country's main export destinations include Netherlands, China, Germany, Italy, Turkey, Belarus, and Japan among others. The export sector has played a significant role in the economy of Russia. Russia's immense wealth of oil and mineral resources allow the country to export large quantities of petroleum, natural gas, and several mined minerals.

Top Export Products Of Russia

1. Crude Petroleum

Russia's petroleum industry is one of the largest in the world and has one of the largest reserves. According to a 2015 statistics, Russia produced approximately 10.83 million barrels of oil per day placing itself among the largest producers of oil in the world. The country accounts for 12% in the total production of oil in the world and also a 12% share of global oil exports. Crude petroleum in Russia together with condensate production reached the post-Soviet maximum of 9.7 million barrels per day in 2006. Russia is the primary transit country for oil coming from Kazakhstan. Crude petroleum is the number one export product in the country with a value of $183,748 million in 2012. The continued growth of the Russian economy is resulting in high demands for energy thus prompting the increase of oil production.

2. Natural Gas

In Russia, natural gas is the third largest export product with a value of $42,892 million in exports. Russia being by far the largest exporter of natural gas is believed to have the largest proven reserves by most authorities such as the US Energy Information, OPEC and the US CIA. The US Geological survey estimates that Russia is also likely to have the largest volume of natural gas in the world that is yet to be discovered. Most of Russia's natural gas is exported to European countries such as Greece, Finland, Italy, France, and Hungary among others.

3. Aluminum

Russia is believed to be the fastest growing aluminum market in the world and the sixth largest export product in the country accounting for $6,638 million in exports. Rusal which is a Russian aluminum company is the sixth largest in the world accounting for about 9% of the world's production of alumina.

4. Gold

Where mining is concerned, Russia is also the leading exporter and producer of a number of minerals. Russia is the largest producer of gold in Europe and the third largest in the world accounting for approximately 250 metric tons of gold production in 2016. In 2012, gold was the 8th largest export product in Russia accounting for $5,845 million in total exports.

An Overview Of Russia's Export Economy

Some sources estimate that Russia contains more than 30% of the natural resources in the world which are among the top export products in the world. The World Bank estimates that the total value of natural resources in Russia accounts for $75 trillion. Since the country has an abundance of oil, natural gas, and precious metals such gold and aluminum, they account for a significant share of Russia's exports. The natural gas and oil sectors in Russia accounted for more than 70% of total exports, 52% of the federal budget revenues and 16% of GDP as of 2012.

Which Are The Top Export Products Of Russia?

Rank Product Value (in millions of USD), 2012
1 Crude petroleum 183,748
2 Refined petroleum 70,646
3 Natural gas 42,892
4 Coal 14,074
5 Semi-Finished Iron 6,997
6 Aluminium 6,638
7 Wheat 6,211
8 Gold 5,845
9 Diamonds 4,677
10 Mixed Mineral or Chemical Fertilizers 4,255
11 Nickel 4,186
12 Nitrogenous Fertilizers 3,850
13 Potassic Fertilizers 3,643
14 Sawn Wood 3,448
15 Hot-Rolled Iron 3,273
16 Copper wire 3,011
17 Synthetic rubber 2,919
18 Iron ore 2,813
19 Radioactive Chemicals 2,583
20 Refined Copper 2,528

[tw0122]

In at $5.85 early morning waiting for a $7 breakout

[Hitman970]

14.55 HOD

[Hitman970]

All in at 11.80

[The Rainmaker]

Another friend of Russia Exxon Ceo likely Secy of State pick from Big D

http://www.newser.com/story/235270/trump-picks-exxon-ceo-for-sec-of-state-report.html

[The Rainmaker]

http://seekingalpha.com/article/4029473-russia-will-bear-come-cold

[BurningMan]

I'm a buyer at $45

[krisl]

A BRZU was not bad too... in fact it even perform a lot better then RUSL. Everything is bullish now. Central banks lowering rates to 0 or even minus. Fed will not increase rates this year, or just 2 rate increases. Dollar will be lower a lot against the EM currencies and oil should have big support of production cuts. 2 months the world was dark, grey, you didn't see anything. Now everything is yellow, green and ready to explode to da moon :)

[krisl]

Everything here is based on oil price and the dollar. If oil move higher and dollar move lower then RUSL can be back above $20 and even more in a longer period of time. RUSL was at $10 in December 2 years ago and it hit $37 8 months ago. It was a 270% return in a few months time. Now we are only at 150% return or so, based on $5.61.

In fact i believe that in 2018 - 2019 this RUSL can be back above $100. We are back in a bull market. Stock exchanges will hit new highs later this year, nothing that indicates that there will be a crash coming...

[KrakenTaken]

Marching towards the 200sma looking for a return of the Russian Bull in 2016

[krisl]

$13.75 pre-market.

Rouble getting closer to $68. Dropping below $68 will means trying to break $65. Another 5% stronger x3Bull, means another 15% added at the current price. Slowly but surely we will move to $20 again, who knows $37 52week high, or $160 2 year high :)

[krisl]

In fact when you play both sides then you are always good.

RUSS was $65 and RUSL was $5.6

if you put in $10k in both, then your RUSS $10 would be worth $3k or something like that and your RUSL $10k would be worth $22k, so total $25k for a investment of $20k... if the move up or down are big enough then you always make money.

I think that if the Rouble can drop or stay a long time at $70 then it will get stronger during the summer months, if it is again hitting $75 then it will continue to drop. but at this moment everything looks solid for a stronger rouble.

[wz9ytp]

The Rouble is following the same path as the Canadian dollar. Both are up only because of the short squeeze in oil. CO and CL are both up considerably since their lows but I think they'll be down nicely before running in April and beyond. Brent and West Texas will drag both currencies down and RUSS up. RUSL, obviously opposite....

I'm holding a block of $33 RUSS and another of $21.61. Might consider RUSL when CL hits $32. Brent (CO).... $34 or so. Geopolitics notwithstanding....of course.

Who the hell knows anymore....

[krisl]

Brent will be above $60 by end of the year. Oversold conditions... Brent wasn't worth $150 several years ago, and Brent wasn't worth $27 a few months ago. Fair value is between $60 - $80.

Rouble should get back to 60 against the dollar or even 50. For RUSL to move up from $13 to $26 you only need a rouble that gain 33% or a stock market that gain 33%. Not saying that RUSL will be trading $26 in the next weeks, but in a year or so, you never know... 15 months ago it was also trading at $10 ($1.4 something before the split) and then it jump to $37. Now it hit $5.6, in my eyes it can jump to $25, as i said, only a 33% increase in either the rouble or the stock market. If you split it in two then the rouble only need to hit $60 and the stock market has to hain 17% what is not impossible as i see new highs coming to the DJ, Nasdaq, S&P. I see China stock market recovering and Europe should also do fine.

I bought RUSL in the hope to change $10k into $50k or $100k.For $100k it should hit $67, impossible? i don't think so, highest point two year ago was $150....

[wz9ytp]

God knows where this market is going.

Can you believe it? Brent above $40 today!!!!

I was thinking of buying RUSS at $22 but kinda hard to short oil with the velocity of this jump.

[krisl]

do we see RUSL back at $15 by next week? everything depends on the Rouble/oil price.

$15 - $20 - $30 all is possible....

oil back at $60 - Rouble back at $40 and i will change $10k into $50k and this was a so easy trade that nobody can lose money on.

[krisl]

I will be happy with another $10 price higher then the currect $12, this can move up to $37 again, just need oil rebound/ rouble getting stronger and we are back above $20.

[beachcomber1]

Very nice play!

[wz9ytp]

I'm out. $3 profit is enough. Besides..... this jump is just weird. Will reload in the $7's....

[wz9ytp]

Although this would propel RUSL:

http://money.cnn.com/2016/01/22/news/russia-ukraine-sanctions-john-kerry-davos/

Up to $8 BTW!!!

[wz9ytp]

Looking quite good for today. But must use caution, according to this article:

Are Russian Stocks Headed For A Downward Spiral?

http://seekingalpha.com/article/3826856?source=ansh

Still targetting $10.... for now.

All the best!

[MJ moneymaker]

Wow 7.60 pre market. Looks like we could go back to double digits if this is the big short covering rally I've been waiting for in oil.

[MJ moneymaker]

Now 6.75! Weeeeee

[wz9ytp]

Gotta love this play from these levels. See how volatile it is? Ruble back up to 81 vx USD and already it's back up to $6.50.... euh...wait. $6.64...

Spring loaded!

[MJ moneymaker]

Buddy we are gonna ride this one and XIV to some nice profits in the coming weeks!

[MJ moneymaker]

Lol. This one isn't as bad as the ones that track commodity futures though. I haven't read the prospectus thoroughly but I'd imagine this doesn't suffer from contango like oil and gas ETNs.

I may hold this long term with you. It's just a small position.

[wz9ytp]

I'm not on margin. Cash account. I've got time. Look at the chart. Recent drop from 10 isn't linked to RUB nor to Brent. The money I put here comes from profits from trading RUSS.

Once the Iran scare fades, Brent will go back up. Even a modest rise back to $30 will propel RUSL to double digits.

Even if it takes 6 months.... for a 50% gain? I'm in!

Cue the decay posts....

[MJ moneymaker]

Man if I can get $10 a share....wow. I'll be happy with 7-8. 10 is very possible though.

[wz9ytp]

I think so as well. Although the drop in the Ruble is quite steep. Brent will bounce bringing the RUB back up eventually. I expect to sell at $10..... eventually.

[MJ moneymaker]

We have got to be close to bottom here. Oil is on like its 15th red day lol. When it does reverse its gonna be big.

[wz9ytp]

Nice buy. Looking to add.

[MJ moneymaker]

Bought half position 5.90.

[MJ moneymaker]

Idk buddy. I'm waiting on oil as well. I'm perplexed I've never seen 13 red days in a row like oil has basically had. There has to be a technical bounce at some point.

I thought eight was a good entry a while ago but I got stopped out quickly.

Might buy some later today if oil can stabilize. Just a small position.

[Investorr]

How low do we go here moneymaker? I'm looking for entry when oil bottoms out. This is gonna be a hell of a ride back up.

[MJ moneymaker]

Here come the 5's!

[THREE-DAY-TRADER]

Another faded rally that couldn't last--- Same ol' crap everyday.

Environment for the energy sector for quite a while has been mainly only for 'quick flips' of one day barely, and not holding too long.

[MJ moneymaker]

That's a great entry. I wish I'd had the balls to add last Friday.

[wz9ytp]

Bought a truckload at $6.51. Wouldn't be surprised to get 50% return within a couple days. Ruble up vs USD, oil green. Chart says oversold...

[THREE-DAY-TRADER]

Yep, the sector has been chopping off everyone's heads & beating down any of us bottom feeders..
It's amazing to see RUSL down to 6's recently.

[MJ moneymaker]

Wow 6's!

[MJ moneymaker]

I bailed on RUSL when it hit 8.50's. I did load a small position in a small oil company for reversal.

I don't really trade UWTI except shorting it because of the contango / beta decay so I like things like RUSL and also regular stocks that move with oil

[THREE-DAY-TRADER]

I think we hit a nice buy spot today on RUSL @ about 8 or less
I personally exposed myself in GASL instead similarly for oil/gas play.
But I should've bought both to be most practical.

My speculative view is that we are due eventually for a bear market rally in these oil sector stocks. But if not yet, then we should likely be due for at least a quick trade flip soon, within a couple days from now.

[THREE-DAY-TRADER]

Quite a roller coaster ride today with RUSL, and GASL & energy sector, on way back down to new lows.
Crazy market.
Really only a quick flip environment right now.

[THREE-DAY-TRADER]

Just base it on RSX-OGZPY charts
RUSL is 3x of that effectively, as you know--- I assume.
Something I've been posting about here in past that many don't realize or consider when they trade RUSL.