Replies to post #5942 on Direxion Daily Financial Bear 3X Shares (FAZ)

[FinancialAdvisor]

It's because the recent rally in FAS and the banking stocks is basically B-S, it's more or less strong volume today in FAZ. Someone is loading up, If you'd buy puts in a banking stock, you'd buy FAZ today. It's a must riskier bet, come option expiration time, at the very least, FAZ is still worth something.

If you can call the trend right though, like some in the past, you can get 200%(+) on the stock. The potential reward on the options maybe 5-fold that.

Smart money who like to gamble on big gains seem to be finding FAZ today for a solid short-term or daytrade.

[penny_foolish]

Yes, each time they cross - the volume seems to cross with them.