Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. Overnight

    Overnight

    I would seriously consider finding another broker if yours engages in "mucking about" when the market is still open. The CME ES is open from 1800 ET Sunday to 1700 ET Friday, with a 15 min trading halt from 16:15 to 16:30 ET, with an hour close (for overnight consideration) from 1700 ET to 1800 ET.
     
    #17121     Feb 1, 2018
  2. S2007S

    S2007S


    Never bought at the $3 level like I said.....

    Looks like there is much short interest...should be interesting to see what happens if LABD spikes and these funds or individuals who added to this short have to cover!!!!

    Aside from that found this today:

    Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA:LABD) saw a significant increase in short interest in the month of January. As of January 12th, there was short interest totalling 4,580,085 shares, an increase of 52.6% from the December 29th total of 3,001,081 shares. Based on an average daily trading volume, of 7,235,215 shares, the days-to-cover ratio is currently 0.6 days.

    However after reading about the increase in short interest I found this:


    A hedge fund recently raised its stake in Direxion Daily S&P Biotech Bear 3X Shares stock. SG Americas Securities LLC increased its position in Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA:LABD) by 150.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 835,100 shares of the company’s stock after purchasing an additional 501,200 shares during the quarter. SG Americas Securities LLC owned 3.73% of Direxion Daily S&P Biotech Bear 3X Shares worth $3,850,000 as of its most recent filing with the Securities and Exchange Commission.
     
    #17122     Feb 1, 2018
  3. nickynoes

    nickynoes

    Yeah that is why I was so shocked to see it closed. Was unable to open any orders aswell. Never had this issue before, going to contact them and ask them wtf that was.
     
    #17123     Feb 1, 2018
  4. noddyboy

    noddyboy

    Why would anyone short an inverse ETF?
     
    #17124     Feb 1, 2018
  5. Visaria

    Visaria

    started shorting dow again
     
    #17125     Feb 1, 2018
  6. looks like it wants down.
    The old girl ain't happy
     
    #17126     Feb 1, 2018
  7. Visaria

    Visaria

    out of that....+75 points :D
     
    #17127     Feb 1, 2018
    ih201 likes this.
  8. ih201

    ih201

    Recovered some of my earlier loss on that short
     
    #17128     Feb 1, 2018
  9. ih201

    ih201


    So you getting that porsche soon then? :)
     
    #17129     Feb 1, 2018
  10. ih201

    ih201

    I think that was the low for the overnight longs... which I have missed now
     
    #17130     Feb 1, 2018