Direxion Daily Financial Bear 3X Shares (FAZ)

[FinancialAdvisor]

People got fills at .05 on the $6 calls that expire today, that's a crazy gain if this pushes past $6 today, the volume on those is screaming today.

Not saying it's going to happen, but if I could've got a fill on the .05, I would've just for the gamble. They'll likely try and cap this at $6, but the great thing about it, it's not a stock and it pulls off the NAV of the ETF and is that is based off of a number of things, including the value of actual stocks such as JPM or BAC.

I'm watching JPM as a leader, it's basically the closest thing we can look at next to the privately-owned Federal Reserve Bank that is publicly-traded. And the chart doesn't look to pretty, headed back down to $25-$27 it looks like.