NUGT, DUST to split 8/20...
http://blogs.barrons.com/focusonfund...d=yahoobarrons
"Direxion Shares, maker of the most highly leveraged exchange-traded funds on the market, will prop up the price of its its battered gold-miner bull fund on Aug. 20 by carrying out a one-for-10 reverse split."
"Also due for an extreme price makeover on Aug. 20: another eight ETFs, two of which will undergo a forward split due to their strong performance. The two 2-for-1 splitters are Direxion Daily Gold Miners Bear 3X Shares (DUST), up 143% on the year, and Direxion Daily Healthcare Bull 3X Shares (CURE), up 100%."
http://finance.yahoo.com/news/direxi...180900607.html
... should make trading NUGT and DUST options better, we'll see. Also SPXS will get a 1-for-5 reverse split, so my pile of SPXS Oct calls will be smaller ...
http://blogs.barrons.com/focusonfund...d=yahoobarrons
"Direxion Shares, maker of the most highly leveraged exchange-traded funds on the market, will prop up the price of its its battered gold-miner bull fund on Aug. 20 by carrying out a one-for-10 reverse split."
"Also due for an extreme price makeover on Aug. 20: another eight ETFs, two of which will undergo a forward split due to their strong performance. The two 2-for-1 splitters are Direxion Daily Gold Miners Bear 3X Shares (DUST), up 143% on the year, and Direxion Daily Healthcare Bull 3X Shares (CURE), up 100%."
http://finance.yahoo.com/news/direxi...180900607.html
... should make trading NUGT and DUST options better, we'll see. Also SPXS will get a 1-for-5 reverse split, so my pile of SPXS Oct calls will be smaller ...
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