Intermediate Trade: TZA

The Trade: Buy 1 TZA October $18 call and sell 1 TZA October $23 call for a one-point debit.

The triple inverse Direxion Daily Small Cap Bear 3X ETF (TZA) attempts to move, on a daily basis, three times the inverted daily price move of the Russell 2000 index. So, TZA can and will jump around (in both price directions), doing so with a much larger trading range than is considered the norm....148 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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