Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: put tree; Trade entry date / price: Jun 12 / $47.77 Trade expiration date: Jun 21 Price at trade expiration: $45.62 Analysis: TNA never did come close to our obligated buy price of $42. Would loved to have had to buy it at […]
Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: [private_monthly]put tree[/private_monthly]; Price at trade post: $47.77; Reasoning: I’d like to get long TNA but at a better price than it’s currently trading at. This [private_monthly]put tree[/private_monthly] on TNA will commit us to go long the stock at $42, a 12% discount from […]