On April 18, 2023 at 09:36:05 ET an unusually large
$371.00K block of Call contracts in Direxion Daily Semiconductor Bull 3X Shares
(SOXL) was bought,
with a strike price of $15.00 / share, expiring in 3 day(s) (on April 21, 2023).
Fintel tracks all large options trades, and the premium spent on this trade was 2.44 sigmas above the mean, placing it in the 98.92th percentile of all recent large trades made in SOXL options.
This trade was first picked up on Fintel’s real time Unusual Option Trades
tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 94 funds or institutions reporting positions in Direxion Daily Semiconductor Bull 3X Shares.
This is an increase
of
13
owner(s) or 16.05% in the last quarter.
Average portfolio weight of all funds dedicated to SOXL is 0.06%,
a decrease
of 11.96%.
Total shares owned by institutions decreased
in the last three months by 1.07% to 6,764K shares.
The put/call ratio of SOXL is 0.54, indicating a
bullish
outlook.
What are Other Shareholders Doing?
Commonwealth Equity Services
holds 27K shares.
In it’s prior filing, the firm reported owning 21K shares, representing
an increase
of 23.47%.
The firm
decreased
its portfolio allocation in SOXL by 99.87% over the last quarter.
Bluesphere Advisors
holds 167K shares.
In it’s prior filing, the firm reported owning 176K shares, representing
a decrease
of 5.35%.
The firm
decreased
its portfolio allocation in SOXL by 99.91% over the last quarter.
NewSquare Capital
holds 0K shares.
TCI Wealth Advisors
holds 0K shares.
No change in the last quarter.
UBS Group
holds 8K shares.
In it’s prior filing, the firm reported owning 60K shares, representing
a decrease
of 648.88%.
The firm
decreased
its portfolio allocation in SOXL by 87.60% over the last quarter.
See all Direxion Daily Semiconductor Bull 3X Shares regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
