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SOXS trade ideas: every closed DuckWise idea on Direxion Daily Semiconductor Bear 3X Shares

DuckWise has published 1 idea on Direxion Daily Semiconductor Bear 3X Shares (SOXS, ETF) that has closed between March 2024 and March 2024. Each is listed below with the levels published before the position was taken and its result at close — 1 in profit, 0 at a loss.

1closed idea
1 / 0in profit / at a loss
+23.71%average result
7 daystypical holding period
OpenedClosedSideEntryStopProjectionCloseResultDays
Mar 8, 2024Mar 15, 2024Long2.91—3.433.60+23.71%7

Prices in US dollars. Result is the price change from the published entry to the published close, before fees, taxes and slippage. How results are counted.

About Direxion Daily Semiconductor Bear 3X Shares

The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. Pays a dividend yield of 46.24% annually.

These are closed ideas, published for the record. They are general and impersonal research, not a recommendation to buy or sell SOXS or any other security.