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

Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU) saw unusually large options trading activity on Friday. Stock investors acquired 12,049 put options on the stock. This is an increase of 129% compared to the typical volume of 5,270 put options.

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

Shares of CHAU traded down $0.36 during midday trading on Friday, reaching $15.64. The stock had a trading volume of 666,407 shares, compared to its average volume of 616,997. The firm has a market cap of $68.82 million, a PE ratio of 9.69 and a beta of 0.99. The firm has a 50 day simple moving average of $16.10 and a 200-day simple moving average of $14.39. Direxion Daily CSI 300 China A Share Bull 2x Shares has a one year low of $11.30 and a one year high of $28.25.

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.