US OptionsDetailed Quotes
GUSH240816C45000
- 0.10
- -0.05-33.33%
15min DelayTrading Jul 22 11:48 ET
0.10High0.10Low
0.10Open0.15Pre Close1 Volume55 Open Interest45.00Strike Price10.00Turnover50.28%IV27.83%PremiumAug 16, 2024Expiry Date0.00Intrinsic Value100Multiplier25DDays to Expiry0.10Extrinsic Value100Contract SizeAmericanOptions Type0.0414Delta0.0189Gamma470.40Leverage Ratio-0.0082Theta0.0010Rho19.46Eff Leverage0.0083Vega
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares Stock Discussion
Long-Term Picture
The technical picture for the energy sector shows that the price action for this area of the market is near an important inflection point.
Notice how the price has been consolidating over the past two weeks. This is an example of the markets indecisiveness over the direction of oil prices. The price sits just beneath the resistance of a long-term downward price channel. Will we see a break...
Natural Gas is Starting to Look More Bullish
Nat gas has had a rough go since November this year. It has lost over 20% of its value since. The unseasonably warmer than usual weather in the norther hemisphere and the slow global economic growth has held down the commodity.
More recently nat gas was consolidating near its lows with a bear flag type of wedge pattern. It seemed as if the commodity was forming a...
Some major selling rook place after we saw the price dip below our major technical level I spoke of yesterday.
Shorts are raking it in with oils prices dropping so much. Crude has dropped well over 15% since I called out the bearishness in oil markets over a month ago. Stay tuned for more opportunities like this one.
Bad economic conditions worldwide have been killing oil demand. All of the bad economic ne...
New Lows
- New lows have been printed in the short-term picture.
- The daily candle closed just above support after undercutting it to make new lows.
- Things are looking more bearish in the short term.
Be weary of your long positions.
Obviously, this selloff could reverse at any moment. But right now, in the short term, things look like they are pointed lower.
These two charts you can see below are from previous posts and are still valid....
In a previous post about crude prices, I mentioned the areas where we might see some selling. Currently, the price of crude is just below the first area of resistance that I discussed. Check out the post in the link directly below.
Dovish Macro Picture
Oil prices have been on a very sharp rally for the past few months. Policy from Opec has been the main driver of this price spike. The macroeconomic situation is still very dovish fo...
Energy investors have had a very profitable few months. Oil prices have been on a sharp incline recently. How high can the price of oil go? Nobody knows for sure, but there are a few factors you can watch out for.
Laws of Demand
What causes oil prices to move? The laws of supply and demand dictate oil prices. It sounds simple, but with all of the geopolitical issues around the world, oil prices can be quite volatile and hard to ...
what a wild week, will it continue?
short answer - YE...
AUM: $42.8B
Expense Ratio: 0.11%
Dividend Yield (FWD): 3.45%
YTD Returns: 54.7%
AUM: $11.0B
Expense Ratio: 0.10%
Dividend Yield (FWD): 3.23%
YTD Returns: 54.9%
AUM: $2.1B
Expense Ratio: 0.83%
Dividend Yield (FWD): N/A
YTD Returns: 30.7%
...
well look at that, compared against GUSH a 2x leveraged oil sector ETF $Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares(GUSH.US)$ (which I also own), that's lovely. it's been an outperformer since I bought it, I'm just mad I sold soo much for too cheap.
$Occidental Petroleum(OXY.US)$ $NOV Inc(NOV.US)$ $Cleveland-Cliffs(CLF.US)$ $Baker Hughes(BKR.US)$ $Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares(GUSH.US)$ $VanEck Oil Services ETF(OIH.US)$ $SPDR S&P Oil & Gas Exploration & Production ETF(XOP.US)$ $SPDR S&P Metals & Mining ETF(XME.US)$ $Chord Energy(CHRD.US)$ $Invesco Dynamic Energy Exploration &Production Etf(PXE.US)$ $First Trust Natural Gas ETF(FCG.US)$ $Intrepid Potash(IPI.US)$ $The Mosaic(MOS.US)$ $Energy Fuels(UUUU.US)$ $United States Steel(X.US)$ $MICROSECTORS GOLD MINERS 3X LEVERAGED ETN(GDXU.US)$
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