Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) Stock Forum and Discussion

US ETFDetailed Quotes

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Watchlist

10.530
+0.200+1.94%

Close Dec 13 16:00 ET

10.586High10.330Low

SoundOfMusic

Nov 28 11:33

The new DRIP has lowered the dividend payout ratio to below 100%.
Ziply generates FCF itself that can be 100% plowed back into its expansion. This deal will not be closed till the second half of 2025. By then, BCE should have some cash socked away to supercharge the Ziply expansion if it choose to. Remember, fibre expansion is BCE's expertise. BCE knows how to do it efficiently and cheaply.
BCE has already decided to keep the dividend constant for 2025. I don't see BCE would destroy its reputa...

Market Chatter: To Cut Or Not To Cut the Dividend? That Is the Question for BCE

October PCE data released: Will December see another rate cut?

10baggerbamm

Nov 12 15:00

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ so OPEC evidently released a report saying that they're going to be reducing production because they're downgrading the demand expectancy for 2025. this may have something to do with how this has behaved over the past few days. however I can tell you if you look at natural gas so when you drill natural gas is first then oil in terms of how it comes out of the ground Trump made a phone call to several leaders and then around the ...

10baggerbamm

Nov 12 12:25

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ oils down $4 it was down since the election and this ETF sells off today oils up 50 cents and we have the beginning of what it looks like to be an upturn in the charts from an oversold level. does it make any sense no not at all I've traded this multiple times this year and $1.50 movement down in oil is about a dollar higher in the ETF. whatever these institutional hedge funds did post-election screwed everything up. they must h...

Nomadic Merchant

Nov 11 13:07

WTH ??? 🤔

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ oil moving from 72 down to 69 and this has only gone down is a bunch of 🐂💩 imo
happy veterans day🤙

10baggerbamm

Nov 6 10:00

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ I know people are looking at this going what the hell is going on well Trump's not in office yet I think this is institutions hedge funds that are putting on some trades because oil is not moving today so they have this ETF down it doesn't make any sense.
but just read the attached so that you understand that the correlation will be when oil prices fall this goes up just so that you see for yourself.

10baggerbamm

Nov 6 07:42

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ from President Donald J Trump's mouth listen for yourself.

Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap

10baggerbamm

Nov 6 07:19

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ if you believe Trump will be successful in reducing the price of oil by 40% in his first year which he said he would do. and if you are willing to take on the risk of buying options and you understand your risk
this is the contract that I would tell people to give serious consideration to it's a 15 strike a January 26th expiration. so it's a full year from when he is in office. do not pay the asking price put your order in the ...

Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap

10baggerbamm

Nov 6 06:47

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ time to nibble

BIG_TURRET : I bought 1% of that amount

Report
Reply

Cancel Reply
10baggerbamm OP BIG_TURRET : it doesn't matter it's do you believe Trump is going to make America energy independent and if he does what would happen to the price of the barrel of oil well logic says it would go down and this ETF goes what direction when oil goes down the answer is it goes up. there's no earnings to worry about there's no upgrades or downgrades it's do you believe Trump will do what he said that in the first year he's going to reduce the price of oil by 40%, that's what he said

Report
Reply

Cancel Reply
10baggerbamm OP BIG_TURRET : something else for everybody if you don't have the capital to commit to this position they have options and you can go out to January 2027 that's plenty of time and you can buy a 15 call option there's a huge spread but you can put a limit order in when it opens 10 15 20 cents above the bid and just leave it there and it may take more than one day to get your order filled it may take two or three or four days but there is a huge upside in my opinion and if you just have a limited amount of money or you're willing to take on the risk of an option contract you need to give serious consideration to buying a call option and go out to January 26th and I think you've got an enormous upside I think you're a 10x +++return

Report
Reply

Cancel Reply
151277905 (Stozzie) : Got side-tracked but finally I'm in

Report
Reply

Cancel Reply
10baggerbamm OP 151277905 (Stozzie) : this is something that you can build a position in overtime because the movements not happening overnight and the biggest movement is not going to happen until Trump gets in office so on weakness you can nibble at it because it's real simple do you believe Trump will make the United States energy independent again it's a yes or no question it's binary and if your answer is yes that means oil prices will fall because he's going to drill baby drill it's that simple and if you can answer yes to that question then you buy this ETF or you buy the call option if you want to buy a different strike price or time frame that's up to you but I'm going to be going out to January 26th and I'm going to be buying some options and I'll have my orders in a limit order today and I may or may not get filled I don't know but I believe the future for oil is much lower prices under a trump administration significantly lower he said 40% the first year that puts his ETF well over $20

Report
Reply

Cancel Reply

View more comments...

10baggerbamm

Nov 6 06:16

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ this morning I'm scratching my head a bit because we've got oil only down about a buck but this ETF is getting hit. this is fine because Trump is not in office yet and he can only drill baby drill once he raises his right hand and he has the power afford it to him by the American people. there's a lot of talks right now that Iran's going to go after Israel again. okay so they do but I can guarantee you this Iran's going to be pu...

Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap

10baggerbamm

Nov 4 09:03

$Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US)$ this will be the last time that I post about this.
if Trump wins you must own this ETF no if ends or buts about it.
drill baby drill will send the price per barrel into the mid-40s and this ETF will be over $20

Imatt007 : I’ve been trying to get options at .10 and no nibbles yet

Report
Reply

Cancel Reply
10baggerbamm OP Imatt007 : it's really difficult when you're outside of the market to have an order filled you literally need somebody to sell out or close a position and they see your bid and you get hit. you may need to move in between the spread the bid an offer in order to get filled and I know the spreads can be pretty large when you're out of the money on the etf

Report
Reply

Cancel Reply
BIG_TURRET : I thought you said yesterday that GUSH was if Trump won?

Report
Reply

Cancel Reply
10baggerbamm OP BIG_TURRET : no gush is when oil prices go up gush is a harris agenda where they would limit oil production and the price of oil goes up the big oil companies benefit.
drip is when oil prices will fall so if you believe Trump will be effective in lowering oil prices and he only said it a few hundred times drill baby drill when he was in office prices were in the low 40s they got into the 30s it actually went negative too during his administration it was negative 27 $28 a barrel but that's not going to repeat itself obviously.
lowering oil prices benefits this ETF so we're 70 some odd dollars right now a 25 to $30 drop in the price per barrel is what Trump pledged he's going to do and that means this ETF is going One direction. it may be volatile between now and he takes office that's why I'm saying nibble I bought 5,000 shares I'm going to have 50,000 shares. and the reason is I don't know what Iran's going to do with Israel I don't know what's going to happen on the global stage between now and January but you need to look at the bigger picture not just the bumps in the road and right in front of your feet. so it's possible this could go down 50 cents or a dollar I don't know I'm going to buy more because Trump is elected he will be sworn in and then he's going to lower fuel prices he's going to via executive order eliminate all the roadblocks at the Democrats have put in place with Anwar we are not going to be buying from Venezuela and whatever deals have been done by the Biden Harris administration they're going to get ripped up and we're not going to be buying from OPEC we are going to be a net exporter again.

Report
Reply

Cancel Reply
BIG_TURRET : Sorry I misread it.

Report
Reply

Cancel Reply

No comment yet