FAZ
Direxion Daily Financial Bear 3X Shares
Mentions (24Hr)
0.00% Today
Reddit Posts
Wall Street Newsletter S02E08: No one saw it coming ( Season Finale )
How major US banks could be at risk of sweeping defaults
$FAZEe 99% of the float shorted. Last I checked there was about 1 million shares in the float and the stock trades roughly 1.5M a day!
Entire Market Red! But This Squeeze is Green!!
Buying VIX.IN shares to write write calls all year long, till you get called out
THE $FAZ 3X INVERSE RUSSELL 1000 FINANCIALS, THE MOST DIABOLICAL LICK
May 2021 CPI data are scheduled to be released on June 10, 2021, at 8:30 A.M. Eastern Time.
Mentions
Just recently I've gotten into inverse leveraged assets. Especially if the pending recession is going to be anything like it was in 08 those stocks such as SQQQ, FAZ and such were up to a half a million or more. So I've placed multiple leap options across a number of inverse assets. Why I've done this? Well it's no secret the market is over bought whether you're looking at the buffet indicator that says stocks are overbought by 220%, or the stock market is being held up by tech companies, mainly AI that aren't profitable. Or should I say they can't justify their P/E. Like the writing is on the wall. We're entering a bear market rather be liquid. I've already sold all my stocks. And I didn't know the best way to trade inverse leveraged stocks is with option trading because those assets are proned to reverse splits but it doesn't affect the option chain with the exception of the pricing.
Firstly I'm not bullish on the market right now at all. Your asking the wrong person. I'm currently long on inverse leveraged stocks like SQQQ, FAZ, and such. If you do calls on TQQQ or QQQ. Just give yourself breathing room. I've seen so many people post enormous losses because their calls expire days after they bought them on TQQQ or QQQ, just friendly advice!
How is 3x Financial Inverse FAZ at +4% while basically every bank stock is positive or hovering near flat... This happened the other week, and then the next day banks nosedived. Do I need to load up?
TQQQ shorts are for the longer term TQQQ decays relative to the NASDAQ so that's ideal for trading the correction that will eventually come. SQQQ doesn't decay all that much, but I short SQQQ instead of opening longs for NASDAQ because shorting is free of charge at my broker while going long directly incurs daily fees. SOXS and SOXL decay very fast, and I want to be short the semis in case the market would go up and that's automatically implemented by shorting both SOXS and SOXL. We'll likely get a rotation to the financial sector, shorting FAZ has the advantage that FAZ decays over time. I'm long TMF instead of short TBT because TBT incurs massive dividend fees and doesn't decay all that fast. It's worse than SQQQ in which case the slow decay is still similar to the quarterly dividend fee.
Short NASDAQ by shorting TQQQ and shorting SQQQ as a hedge. Long VXX and also short VXX as a hedge. Long XLF by shorting FAZ Long TLT by being long TMF Neutral semis by being short SOXS and also short SOXL at the same exposures.
How is every financial stock in my watchlist green, yet FAZ (financial 3x bear) is up 1.5%? What am I missing
Long Dollar/Yen Short Euro/Dollar Long VXX Short TQQQ and short SQQQ,: Net short NASDAQ with SQQQ short as a hedge. Short SOXS and short SOXL: Net neutral position on semis. Short FAZ
September 23rd is dividend ex-date for many of my leveraged ETFs. I've closed my shorts for SOXS and moved the money to a long position for SOXL a few days ago. Today I may open a long position for SQQQ and if the market goes down today, I may close a few shorts for TQQQ and perhaps open a long position for TQQQ. Shorts for TBT were closed a while ago and the money was moved to a long position for TMF. I'll leave my large short position for FAZ open. On the ex-date or later I'll reverse these moves at opportune moments, closing long positions for leveraged ETFs and reopen the shorts for leveraged ETFs.
FAS/FAZ were super fun in 2008. 20-30% moves daily
i just bought some FAZ, DRV and SPXS. still at a good price
the crowd here reminds me of the retail traders YOLO'ing into FAS/FAZ (3x leveraged financial ETF) trying to catch the bottom in 08-09'
Safe bet, spy 450 poots August maybe Sept. Remember you're not betting against America you're betting on the rest of the world! Maybe FAZ, bonds go to the moon and regional banks go boom 💥
Humm FAZ are you the play here, how bad is gonna get out there
Word. Bough a little FAZ for the 1st time since 2008 yesterday and this morning, just sold it at a loss. ouch. I dnt mind though, my portfolio is still up 12% today
idk why it's green, but I just bought some FAZ for the first time since 2008 when I used to trade in and out of it. FAZ is rising from the ashes.
Wonder how FAZ is gonna hold up today; kinda all over the place as the market decides if bank failures are on the menu again.
Wonder how high FAZ is gonna get, wonder how bad it's going to be on banks balance sheets.
That's what a VIX >50 market looks like. It's like 2008 all over again. I remember trading FAS/FAZ with 20-30% gains/losses daily
SPXS, SQQQ, SRTY, FAZ are the ones I’m holding right now
I pulled everything out at the end of January, except for a position I took up in FAZ. So I’m personally doing okay, but hate seeing what’s happening to the markets in general. Gonna be tough couple of years with no one looking to invest shit in the US economy.
I’m holding puts😬 probably worthless rn Maybe they will catch a bid Tuesday. Ops challenge will be selling prior to his app crashing or circuit breaker halting trades I’m up in 5 hours from now trying to get some smst and FAZ or SQQQ or FNGD shares we’ll see Good night gents. Enjoy the final days of life during peaceful times.
Yes sir and FAZ up 15%
I bought FAZ last week. Might not be too late to join that party.
Essentially, yes. I don't hold penny stocks long anyways but you'll want to day trade these, or if need to avoid PTD, hold only until the next day. I don't worry much about small intraday dips here as they're often all or nothing trends. Bad news is coming tomorrow for the market overall and TSLA sales are down a lot Q1. Active picketing and protesting at TSLA showrooms. So VERY high chance I'll be buying TSLZ tomorrow as it will likely go down more. I'll also probably go in on FAZ depending on how it looks.
Until the market rebounds, keep an eye on these, particularly the first three in the list. Not meant to be held longer than overnight as eventually they may bottom or finish correcting with the new market. **FAZ** Finance Bear 3x **TSLZ** Tesla Inverse 2x **NVDQ** Nvidia Inverse 2x **PLTD** Palantir Bear 1x **SQQQ** Nasdaq-100 Inverse 3x
During this market I've had good luck with the following: **FAZ** Finance Bear 3x **TSLZ** Tesla Inverse 2x **NVDQ** Nvidia Inverse 2x **PLTD** Palantir Bear 1x **SQQQ** Nasdaq-100 Inverse 3x
I bought the dip but that was FAZ a few days ago
Autos are /assembled/ here, there is no production or manufacturing AT ALL going on in America, it was outsourced long ago to keep prices affordable for US consumers. There's an entire desolate wasteland called the "Rust Belt" to reinforce my statement. I cannot understand how people do not (or fail) to understand this, the 25% tariff is on EVERYTHING automotive that you or l might need, and American auto companies have zero incentive to change that. Consider this. As to OP; yes, yes l am. I've been buying in to UVXY shares since the end of 2023, I've been averaging into any calls with a decent time frame (my current thesis is 18mo, but is revised everytime he says something) which are expensive and risky due to the leverage contained in the option and my conviction that VIX hasn't moved/been sleepy since the turmoil of 2022, and if ever there was a catalyst to send it on a face ripping rampage it's name would be Trump. I'm absolutely convinced this administration is going to send VIX to Mars and I've so far seen little evidence to make me even slightly second guess myself. Recently I've been purchasing small blocks of the "bear" side shares of TSLQ, TSLS, SPXS, NVDQ, FAZ, etc, while things are still relatively cheap. Capital-garchy is the newer, sexier, more terrifying evolution of Capitalism, now powered with AI, and the future come today to enrapture your soul and captivate your life. Embrace it, for it will find you soon enough.
If your not important enough for a Credit default swap, I learned a good option might be Leveraged inverse etns like (FAZ) Direxion Daily Financial Bear 3X Shares to profit on the fall of (XLF) Financial Select Sector SPDR Fund. Don't hold for long because of the decay on these, only when you believe a major crash is in the works.
FAZ or other 3x bear ETF cause Trump wants a Trade War so down we go ever so slowly
FAZ Wed options about $2 OTM. See if I can catch a dive midday on the value and then sell after a swoon on Tuesday without paying for a squeeze/ premium on the Greeks.
Hey, I thought I was the only one doing FAS and FAZ options. They are absolute rippers when they hit. God speed sit.
I remember owning both FAS and FAZ; guess which one I sold for a small profit.
Yo fellow traders. I am of the camp that believes we are headed towards a financial crisis, crashing the stock market. Thus I wanted to gauge how people with a similar belief are investing. I personally have around 50 long call contracts with SQQQ, FAZ, and UVIX. What is your strategy and any critiques on mine? Thanks!
Half in Options that assume a financial crisis (if you time it right you can easily make hundreds of thousands). For example I have a bunch of contracts set to expire in Jan 2026 that bet the FAZ and UVIX will go up. I think this is entirely possible, a lot of warning signs similar to 2008 signal that a crash will happen, even worse than 2008. The other half I’d put in Bitcoin/MSTU. It’s the future!
Trying too new many strategies too often, usually due to FOMO or greed. There are dozens, hundreds, thousands of strategies that can make you rich. * ETFs * Chart Trading * Options * Value Investing * Swing Trading * Knowing a market I always tell friends of mine who don't invest "it's remarkably easy, odds are if you pick 10 stocks, 1 or 2 will 2x within 5 years." The point is, investing can give returns unlike many other schemes. Even if you lose 20% on a stock... you still have 80% of the money... unlike gambling. I have to stress that point - we're all trained on 0 sum games when it comes to money and it messes us up. We're all used to loss and gain posts on other subs on reddit that we don't think about steady returns in a normal fashion. To thread the needle here. If you invest, you'll probably do better than you expected (unless you are greedy or dumb or both). Maybe you'll get really good at tracking the ups and downs of SPY or BRKB or Google and will learn how to take 20% profits off high/low trading 2-3x a year. However you do it... I'd advise you to not conflate your success with skill and then move on to something else. Stay the course and take steady gains, and if you want to expand, do so slowly. What often happens is someone will make 8x on trade, think they are the next Warren Buffet, and then start the next trading week like they are Jordan Belfort on a bender. They'll chase quick advice without DD, they'll resort to their gut, or a small chance play and then go right back to where they started. My personal experience... in Jan of 2020, I knew COVID was going to be bad so I bought a ton in Bear ETFs on Oil and the financial sector (ERY and FAZ). I think I made 6x from late Jan until the crash ended in March. I was then convinced the second drop was coming and lost 2/3rds of my gains staying bear instead of pivoting and taking wins. Aim for 8-10% a year, if you do better, don't treat that like house money, and when you have a bad year, don't panic - just reasses.
Hey I'm 21 too. I wouldn't recommend buying bonds because they are really low risk low reward. I personally am invested into a lot of Bitcoin related things (MSTR, MSTU, BTC itself) and also things that anticipate a massive market crash (FAZ, UVIX, SQQQ) for which I have mostly options. Stepping away from my personal beliefs about the fate of our market, I suggest diversifying in multiple industries which it seems like you are doing. Now for my personal views. I suggest learning more about Bitcoin, looking into MSTR's Michael Saylor and his project. He plans to continue to buy Bitcoin as time goes on with his company's profits, creating more and more value as Bitcoin's price increases. Eventually when Bitcoin's supply becomes more and more limited, this will create a supply shock which will increase its value even further. I see this as the most aggressive, quick, yet somewhat stable way to make money longterm, as Bitcoin's relevance increases more and more. Also I really think we're headed for a stock market crash. Everything is overvalued and there are various economic signs that it is no longer sustainable. This idea all plays into Bitcoin, but that's enough of me trying to push my own ideas on you, the rest is up to you if you're curious. Good luck!
Nah, I cashed out on that trade ... 3 years ago? $500,000 to $1,400,000. I didn't buy FAZ on the way down but I have been looking for years for an entry back into FAS after the inflation selloff.
>FAZ (Direxion Daily Financial Bear 3X Shares): With this ETF I am able to achieve 3X inverse result in the financial sector. I’m predicting that the financial institutions will decline. ETFs may get liquidated: [https://www.youtube.com/watch?v=Il\_1w5Kvt\_A&t=219s](https://www.youtube.com/watch?v=Il_1w5Kvt_A&t=219s)
My dead dad's portfolio is current full port FAZ. Unreal
With the banks reportings... buy FAS or FAZ if you think they will be good or bad accordingly Honestly though, 1k isn't worth being aggressive with. Invest it and build a pool, and with a portion of that pool get aggressive in a few years. Why? Because if you keep losing 1000k, you'll just become a money pit, but when you have 8k invested normal and 2k high risk, you'll understand the risk / reward better.
Historical speaking, if a financial crash happens this year. The housing market crash need 2-3 years to hit rock bottom, also the mortgage interest rate won't be dropping that fast either. As a result, I wouldn't plan on purchasing a home for the next 2 years. So my advice is this: Clear you debts, save some cash, 2-3 years later maybe you can find a nice home at a relatively low price. Don't go day trade, invest in a bear fund when you feel the financial crash is in full steam ex: FAZ.
Got 3k shares of FAZ , from comments let’s see
How many shares of $FAZ do you own?
I'm a bear. Now doubling down on FAZ short position. ᕦʕ •\`ᴥ•´ʔᕤ
I can't name which ones, but I guess at least 5 smaller regional banks will have to be purchased in distress. FAZ is the play on the sector
So that's why my FAZ gone up 5.55% today.
Actively trade the leveraged ETF's in industries you know about. I stay primarily in energy and banks. I use ERX and GUSH for energy bull, ERY and DRIP for energy bear. Then FAS for bank bull and FAZ for bank bear. Last Thursday I sold my ERX and GUSH and bought ERY and FAZ for the next few days. FAZ is a longer term trade (hold for a month) but I trade energy almost weekly
Get some FAZ in your portfolio and watch the fireworks.
My short term trades this week are FAZ, SQQQ, and SOXS. Hoping to buy ERX and other long energy stocks if they come down another 5% on Monday.
Yes. After my shift, I went home and enjoyed Soo Beef jerky( extra hot five spices). That soft, tender and delicious Beef Jerky really hit the spot while watching my FAZ's performance today.
This bear is having tons of fun. Just like my FAZ did today.
Might not (or might) be today, but I'll be in FAZ the minute I hear anything suspect about PNC or Truist or Ally
If you think banks are going to get slaughtered tomorrow, you can always buy FAZ or short FAS after hours and pre-market
If you think banks are going to get slaughtered tomorrow, you can always buy FAZ or short FAS after hours and pre-market
Buying around 72k FAZ calls Jan 19 36$ strike. LET THOSE FKING BANKERS BURN!! ​ ​ ​ ​ ​ ​ \*on my practice account of course lol.
Get some FAZ and enjoy the fireworks.
I've been holding FAZ @ 18.5 /share AI/tech is too hot for me, shorting banks is a bit more predictable.
I can feel it coming in the air tonight, oh lord And I've been waiting for this moment, for all my life, oh lord ​ \*Buys massive amount of FAZ
You know…I got caught up in the BS trading FAZ after the banking mortgage crisis in 2008. Kept listening to talking heads, kept buying more FAZ. Got smoked. Big time. If only I had stuck with the trend… would be retired by now!
No TYO, BNKD, or FAZ?
Could have gotten some FAZ or bank puts in the last few months. Or shorting Anheuser-Busch while they toke a beating...
I got a good feeling with FAZ. I regret not getting more shares when it hit 16$ a few months ago.
FAZ @ 18.5$ Still alive and kicking. If you want to short something you got to be smart about what market to short.
Anyone else loading up on FAZ calls? Possible debt ceiling hedge?
I have been loading up on June FAZ calls. Still cheap. If there is a default they should 🌝
That's not how inverses work. There is a daily rebalancing that has a drastic effect on the price. They seek to take daily profits by shorting a specific sector. If we have a month or even a week of green banks, both FAZ and BNKD take huge hits. There are two primary approaches to trading these ETFs. Either buy and hold waiting for the Black swan that will make the ETF go parabolic, or day trade it. The funds themselves have no deep value beyond the impending market crash. I would not invest in either of them as anything but a hedge, and I am invested in several leveraged ETFs, including both of these tickers.
Im thinking of buying FAZ, puts on KBWB, buying TBT, and/or SPY 390P for second half of June. I’ll decide by Monday.
Im thinking of buying FAZ, puts on KBWB, buying TBT, and/or SPY 390P for second half of June. I’ll decide by Monday.
I was mainly concerned about owning positions in things with large amounts of financial holdings. I used the most common triples I'm aware of as an example. My primary concern was with FAZ and BNKD, which I've had a position in for quite a while. These assets are short financials.
FAZ is an inverse leveraged ETF. You can't compare FAZ to TQQQ. They're opposites of each other
Time decay on the derivatives. They are trading vehicles and you need multi day movements or the decay will crush you. Never hold these long term. Bring up a 5 or 10 year chart of the Levered ETFS that have been around a while. FAZ since inception went from like 4 million to 20
Very nice of Tim Cook. However my FAZ give me 4.1% Today on May 4th. So I guess may FAZ 3x Bear be with you.
Hope you bough FAZ calls earlier this week
$FAZ and $FAS is the bull.
I haven’t been picking banks however I did buy 10 dollar puts for FRC got real lucky. I just play FAZ options anytime a bank goes under the premium spikes way up. Bought n sold twice now on 6/16 20 and 24 calls I got 2 k in 22 calls for December and 2 k for 22 call 6/16
Hahaha the META thing had me rolling! And yes, I do also have a sizeable position in both SPXU and FAZ. But I’ve held those since Feb and won’t be selling em any time soon. Here’s to hoping the plung protection team stops riding our tax dollars into the DTC’s mouth 🍻
I don't own this stock but it's hard not to be bullish at these levels and chime in on all the misinformation posted everywhere about the stock going to 0 because it's being delisted. Sometimes equities squeeze up when they get to the OTC (TVIX, FAZ, SIVBQ). Please consider this if buying .50-1.00 puts today. Bankruptcy isn't until June. Lots can happen between now and then. The bankruptcy court judge can always request the broker transactions to account for the shares. That alone led to a spike in some stocks that were heavily sold short and presumed dead.
>PHILIPS TO CUT AROUND 400 JOBS IN GERMANY - FAZ ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2023-04-24 ^10:47:28 ^EDT-0400
Every fuckin week is the same. Even tried buying the FAZ and that went down
Damn, any reason as to why you’re expecting the rebound? Cuz I’m down to question myself and re-shuffle my positions. I picked up SPXU at 12.90 didn’t sell it when SPY hit 3500 last year. started my FAZ in Feb around $16.80 but I do honestly have the ever-running question in my head of “what if the PPT can really keep siphoning tax dollars endlessly into the market?” That’s my win condition: PPT being unable to save the plunge. Or maybe I should just find where they’re based out of and cut their electricity for a day lol
Not financial advice. In my personal opinion only ones worth buying are SPXU, FAZ, and SOXS. Im all in on America falling. The stock market is propped on a ton of manipulation and no stock price sees real price discovery. The plunge protection team won’t be able to keep propping it up forever. It’s only a matter of time before it all crashes. My guess is Sept-Nov this year SPY will touch 3K and maybe a tad below