An unusually large block of $350.00K Put contracts on May 22, 2023 at 15:38:41 ET Direxion Shares ETF Trust – Direxion Daily Regional Banks Bull 3X Shares (DPST) was sold with a strike price of $5.50/share, expiring in 25 days (on June 16, 2023). Fintel tracks all large options trades, and the premium incurred on this trade was 4.15 sigma above average, placing it in the 100.00th percentile of all recent large trades in DPST options.
This trade was first picked up on Fintel Realtime option flow Tools, where unusual option trades are highlighted.
What is Fund Sentiment?
there are 37 Reporting of fund or institution positions ETF Trust in Direxion Shares – Direxion Daily Regional Banks Bull 3X Shares. This is an increase of 11 owners or 42.31% over the previous quarter. average portfolio weight of all funds 0.05% dedicated to DPST, an increase of 157.31%. The total shares owned by the institutions increased by 210.52% to 1,807K shares in the last three months. put/call ratio The DPST stands at 0.49, which shows a bullish outlook.
What are the other shareholders doing?
squarepoint ops Holds 431K shares. In its prior filing, the firm reported owning 0K shares representing a hike of 100.00%.
citadel advisor holds 179K shares. In its prior filing, the firm reported representing 96K shares. a hike of 46.09%. Firm fell short of Its portfolio allocation in DPST has increased by 48.19% over the previous quarter.
HDPSX – Hodges Small Cap Fund Retail Class Holds 150K shares.
Bank of America holds 124K shares. In its prior filing, the firm reported representing 1K shares a hike 99.22%. Firm increased Its portfolio allocation in DPST has increased by 909.97% over the previous quarter.
GFG Capital holds 110K shares. In its prior filing, the firm reported owning 0K shares representing a hike of 100.00%.
This story originally appeared on Fintail,
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