JDST
Direxion Daily Junior Gold Miners Index Bear 2X Shares
Mentions (24Hr)
0.00% Today
Reddit Posts
2022-10-13 Better Tasting Crayons (Mathematically derived options plays)
2022-10-12 Better Tasting Crayons (Mathematically derived options plays)
Is it a bad idea to just trade JNUG/JDST?
Disclaimer: this is definitely not a JDST war cry
Strategies that helped me turn 20k into 4.5 million in 7 months
How I turned 20k into 4.5 million in the span of 7 months
How I turned 20k into 4.5 million in the span of 7 months
My Watchlist For 5/7/2021 - Idiot Proof with Stop Loss and Risk Management
Mentions
If I had to choose such a dangerous thing, that would be calls on JDST.
JDST Team reunited at last. fuck JNUG
Markets toppy as hell right now...JDST/DUST hold next 60 days...Shares call IV is a rip off...
Team JDST or Team JNUG?
the great JNUG and JDST wars left deep wounds.
I lurked a lot in 2014. hopped on the AMD bandwagon for a while. I don't recall either what was really big back then though, probably the usual stuff. there was the JNUG and JDST wars, but that was later. MSTX was a pennystock the whole sub seemed to be in and then it had a lovely crash. there was Volmageddon in 2018 that was hilarious, the Santa rally later that year was good too. Martymoho and MU shenanigans. The Mediterranean shipping crisis was fun.
I miss the days when this sub was all JNUG/JDST trading and the market was semi rational.
It’s not a big deal, on Monday you’ll have shares and be short cash, and be in a margin call. You sell the shares to cover. If JDST goes up over the weekend you’ll even make a little extra cash. If it goes down you’ll lose a little bit. Happens all the time, don’t sweat it.
Gold is the mf way right now GLD GDX shorting DUST and JDST
Shorting gold via JDST. Let’s go.
my favorite was when everyone was buying the penny stonk MSTX and got wiped out. that or Yellen and the JDST JNUG wars.
nah. during 2016? 2017? one of those years. WSB was all about JNUG and JDST for a while. that hot muffin Yellen would come out and JNUG would pop. mmmmmfffff
Just put a significant amount into JDST right before jpow spoke. Gold is goin down.
I liked JNUG and JDST gang.
I know there the OCC has their list of available weeklies. But is there a place to go to see what they have added and subtracted from the weekly option list for that week? For example, I hadn’t realized that JNUG and JDST were stopping weekly options. It would be nice to have a published list somewhere each week. Where can I go for that?
did you miss the JNUG JDST days with Yellen ? those were good times. I think 2018 ish.
I've had sexual fantasies of Yellen ever since JNUG and JDST.
JDST & JNUG those were the days
Back in my day, we used to play JNUG and JDST off the fed talks 
MU, JNUG/JDST; MSTX were made...
Real OGs remember JDST gambling and lean hog futures
at least up until JNUG JDST started lol.
I have a better idea for you: Buy deep ITM puts( or short) in both JNUG AND JDST They are inverse leveraged miners ETFS Always decaying and in trending moves one cancels the other out, otherwise you will always make the decay 😉
I dunno. those JDST regards were pretty bad back then. JNUG was the obvious choice all the time.
Gold was the meme stock before the term meme stock existed $JNUG $JDST
Bring me back to the days of hog futures and JDST
oh you mean when this sub became a shithole ? yeah. fun times bro. no all the fun times were before that. when 3/4 of this sub lost money on MSTX , or Marty and his fight for MU $90 , or JNUG and JDST
Oh man, completely forgot about JNUG and JDST
we used to be different. MSTX , JNUG vs JDST. good times.
The JNUG/JDST days were nuts lol
I was going to say something about JNUG and JDST. I look back at how I actively traded that but was too risk averse to just all in AMD and forget about it. Somewhat recently (maybe before the apes still) there was a guy spreading the gospel about the cyclical uranium bull market. Turns out he was right too.
MU, GERN, JNUG/JDST all degen classics for the ogs.
what days? do you not remember JNUG and JDST ?
Too many to count over the years. It started on vanguard. My first one’s free was 30% gain for +$3000 in DDD in 2014. Then I lost $20,000 on SFXE in bankruptcy. That blew my vanguard account. Switched to robinhood, started trading biotech as I was a bio major and keeping up with latest news and patents. Kept losing there so I switched to 3x ETF’s (DWTI,UWTI,JNUG,JDST, etc) lost there so switched to speculative plays. The big spikes were from shipping week 2016 with DRYS and TOPS, but I wasn’t super actively trading at that point and as fast as the gains came they went. Then I discovered options and made a series of bad moves and blew the entire account. Then I switched to crypto, bought a variety of stuff near the top in 2021 and have been averaging down ever since currently still holding XYO with 100% of my networth. A true regard never learns, but I still want lambos or food stamps.
If you're not buying options on $JNUG or $JDST, you're doing it wrong
Apart from JNUG there was JDST too. And then there was DRYS which is unfortunately no longer a stock.
bring back JNUG / JDST Competition
This was a mix of biotech stocks and some random follow the hype stocks. When I first started trading I bought into bpmx which is now after many reverse splits $TMBR and also bought into $AUPH. Bought in $GSL cause some random thread somewhere said go buy $GSL. Also reverse split like the olympics before I closed out. Was trading a lot of 3xETFs like $JNUG and $JDST. Some other randos I lost on: $HEB $DCTH $STAF $CLRB $DARE My final 8k loss was on a ARKF call
u/InspectionBorn5748 here we go. \[For JDST calls/puts\] in this folder. [https://drive.google.com/drive/folders/1BksjjHwUhi-9K6J3auPTxeg2bh4UK3Nt?usp=drive\_link](https://drive.google.com/drive/folders/1BksjjHwUhi-9K6J3auPTxeg2bh4UK3Nt?usp=drive_link)
When you can, may I see JDST please?
I miss JNUG vs JDST.
There was quite a bit of discussion about JNUG and JDST, but I don't ever remember people being as toxic as it is here now.
bullshit. if it isn't Bulls / Bears it's fukin JNUG / JDST
MSFT, BOTZ calls & SOXS puts - betting on GPT innovations driving disruptive gains in market share for those controlling or leveraging AI LLM's ZSL, DUST, GLL, JDST puts - betting on a flight to metals as the banking crisis heats up DPST puts - betting on regional bank collapses and disruption as the federal reserve's new currency scheme "Fednow" begins to compete directly with banks. Generally, I prefer to bet against (i.e. buy puts on) leveraged bear ETF's rather than buy the leveraged bull ETF's as most of these leveraged ETFs decrease in value in the very long run, no matter what their underlying assets are. This effect is called "contango backwardation." They are also fundamentally unstable and prone to failure and delisting IMHO. Better to bet against them.
I yearn for teh Yellen JNUG/JDST days
I started getting into options heavily when Yellen was in charge. the JNUG and JDST days. so i'd pick her just for the nostalgia.
dont disrespect yellen she provided much entertainment through the JNUG and JDST years here.
if you go JNUG , I'll go JDST..
JDST : entry 6.01, target 7.33
Confuseus says LITB 1.33 12d JDST 6.44 12d HTGM 4.09 12d
the book of JDST rebukes you.
kind of annoying that this is the only meme history anyone ever brings up from WSB. nothing about MSTX , or JNUG vs JDST , or that regard canuck Fscomeau. so many other great memes.
Yes. With JDST, AMD, sprinkled in some NOK, and a dash of FDs on SPY or TSLA. Massive gains and even bigger losses. When people understood the market and you'd learn. Such good times.
yeah it's always been like this tho. if it's not SPY permas, it's something else. like JNUG and JDST
Those that don't believe in decay, look at two opposing efts like JNUG and JDST. Both go to zero over time.
JNUG & JDST gang unite!! For real though, I remember those 3x leveraged guys were pretty popular back in the day. JDST is a great long term bounce hold, down 100% ($890,000) since 2014. /s
# Tickers of Interest - TL;DR **Gamma Max Cross** * [JDST](https://options.hardyrekshin.com/#JDST) 11/18 13P for $1.20 or less * [SARK](https://options.hardyrekshin.com/#SARK) 11/18 40P for $4.65 or less * [MO](https://options.hardyrekshin.com/#MO) 11/18 47.5P for $0.80 or less * [CRTO](https://options.hardyrekshin.com/#CRTO) 11/18 25P for $1.30 or less * [GNW](https://options.hardyrekshin.com/#GNW) 11/18 4P for $0.15 or less **Delta Neutral Cross** * [PBR](https://options.hardyrekshin.com/#PBR) 11/18 14C for $0.80 or less * [RBLX](https://options.hardyrekshin.com/#RBLX) 11/18 35P for $3.00 or less * [CCJ](https://options.hardyrekshin.com/#CCJ) 11/18 23C for $1.20 or less * [LI](https://options.hardyrekshin.com/#LI) 11/18 37C for $1.80 or less * [SCHW](https://options.hardyrekshin.com/#SCHW) 11/18 72.5C for $3.35 or less # Trading Thesis - Why These Crayons Taste Better Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. * With CPI being announced before market open, there's a very strong chance an options price can gap past the target entry price which means the thesis needs to be double-checked. # FAQ - Because others have already asked. * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|25|**First Seen In WSB**|1 year ago **Total Comments**|1836|**Previous DD**|[x](https://www.reddit.com/r/wallstreetbets/comments/y1vble/20221012_better_tasting_crayons_mathematically/) [x](https://www.reddit.com/r/wallstreetbets/comments/tayr4j/blackstone_bx_is_primed_for_a_technical_rally/) [x](https://www.reddit.com/r/wallstreetbets/comments/ud1sj8/fb_earnings_are_today_after_market_close_place/) [x](https://www.reddit.com/r/wallstreetbets/comments/sdydtk/hedgies_are_losing_steam_signs_that_gme_has_hit/) [x](https://www.reddit.com/r/wallstreetbets/comments/n394cl/uwmc_earnings_play/) [x](https://www.reddit.com/r/wallstreetbets/comments/xqc5j2/gme_and_the_number_69_how_t69_could_be_the_secret/) [x](https://www.reddit.com/r/wallstreetbets/comments/xv1tb0/20221004_better_tasting_crayons_mathematically/) [x](https://www.reddit.com/r/wallstreetbets/comments/xvw2xl/20221005_better_tasting_crayons_mathematically/) [x](https://www.reddit.com/r/wallstreetbets/comments/xwrzyk/20221006_better_tasting_crayons_mathematically/) [x](https://www.reddit.com/r/wallstreetbets/comments/nmgy18/vega_play_chwy_earnings_volatility_play/) [x](https://www.reddit.com/r/wallstreetbets/comments/xxnf64/20221007_better_tasting_crayons_mathematically/) [x](https://www.reddit.com/r/wallstreetbets/comments/xzz4ev/20221010_better_tasting_crayons_mathematically/) [x](https://www.reddit.com/r/wallstreetbets/comments/x83ynv/could_gsat_become_another_gt_advanced_technologies/) [x](https://www.reddit.com/r/wallstreetbets/comments/y2kml1/20221013_better_tasting_crayons_mathematically/) **Account Age**|8 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=y2kml1)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=y2kml1) >TL;DR: * [Gamma Max Cross](https://options.hardyrekshin.com/#JDST)
# Tickers of Interest - TL;DR **Gamma Max Cross** * [BTU](https://options.hardyrekshin.com/#BTU) 11/18 26P for $2.55 or less * [TZA](https://options.hardyrekshin.com/#TZA) 11/18 43P for $5.15 or less * [PARR](https://options.hardyrekshin.com/#PARR) 11/18 17.5P for $0.75 or less * [MUR](https://options.hardyrekshin.com/#MUR) 11/18 40P for $2.30 or less * [JDST](https://options.hardyrekshin.com/#JDST) 11/18 14P for $1.25 or less **Delta Neutral Cross** * [SLV](https://options.hardyrekshin.com/#SLV) 11/18 17.5P for $0.55 or less * [AGNC](https://options.hardyrekshin.com/#AGNC) 11/18 8P for $0.55 or less * [WMT](https://options.hardyrekshin.com/#WMT) 11/18 130P for $3.25 or less * [LVS](https://options.hardyrekshin.com/#LVS) 11/18 37C for $2.25 or less * [BMY](https://options.hardyrekshin.com/#BMY) 11/18 70C for $2.15 or less # Trading Thesis - Why These Crayons Taste Better Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
I member the good ol days of playing JNUG and JDST around rate hikes.
7 years ago - A bunch of dudes with hefty YOLOs on very thorough DD posts. Lots of $JNUG and $JDST buying as well with Su Bae running rampant. 5 years ago - King Martin became a big face here, lots more in depth pharma/biotech DD than anything. 3 years ago - GUH. Big time gamblers and degens starting running rampant, going all in on any DD posted, no matter how wrong. Now meme stocks, fuck the hedgies and millions of poors on this sub crying over $200 loss. Used to be fun for tips and investments, now just memes and gain/loss porn.
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: JDST. Message /u/zjz if they're above 500 million-ish market cap and not related to crypto/pennies/OTC.
Anyone else wonder why JDST always does well when the whole market is basically red dick and bad when the market has green dicks
Lol yes... Quick little story, I remember when JNUG reverse split and I was like "duuuude if only I went all in, my shares should be worth this amount now" before I understood how reverse split/splits actually work And also the days when the market is green and I went JDST is red and I question myself like HOW?!?! and getting margin called over and over since I used margin to "invest" on those 🤡 while my portfolio always turns red
JNUG and JDST gangs were a good time back in the day.
how is this nigga a "veteran"? lmao wsb vets are the mofos who were around during the JDST jnug shit, GUH, since corona is the other 9 million retards who joined hoping to get rich off gme
It was not always like this. You must not have been here. It was DD on all kinds of different tickers. There were dudes actually writing up educational information. Sure there were clans like the JDST/JNUG dudes or even the TSLA kids. But those clans didn’t downvote other people or scream “shill” because people were playing other tickers. This place is just a toxic cesspool now.
shit- JDST is down today
Fucking JNUG. I keep 30 shares of JDST in my portfolio just as a keepsake.
Before Robinhood options, it was JNUG/NUGT, JDST/DUST. Gains were a lot more modest back then, but back in the day, those gains were huge. Then Robinhood options showed up 🤡
The biggest issue with leveraged/inverse funds is the beta slippage that happens when you have wild up/down swings. Compare JDST and JNUG on a chart going back a few years and you'll see what I mean. Those two are an extreme example though but it still exists to a lesser degree on other funds like the ones you mentioned
Go back to 2016 on this sub when JNUG and JDST were the rage. Lol, I miss those days. 50% JNUG, 50% SU BAE.
>Why did JDST drop like 8% today? Because gold miner stocks JDST is tracking went 4% up on that particular day. Why did gold miners went up is difficult to say. Might be because they've been droping down for the last three months (just as gold) (and JDST was shooting up from \~$7 to \~$16) and finally coming into a value territory. Or maybe there's still room to go down (JDST up). Where do you expect gold miners to go from here?
2x, so this ETF basically makes twice the moves of whatever it's tracking. if the underlying stocks go up 2, this goes up 4. if the underlying stocks go down 4, this goes down 8. inverse, so it does the opposite of whatever gold miner stocks are doing. gold miner stocks go down, this goes up 2x the amount. and vice-versa. so if the gold miner stocks tracked by the ETF went up 4%, JDST will go down 8%
This is NOT a gold fund, it does not track gold, it is a gold MINERS fund…JDST tracks the inverse of a basket of junior gold mining stocks at 2x leverage. That being said, your thesis of gold mining being more valuable (due to gold going up) is actually the opposite of this trade. Regardless you’re using the wrong vehicle to get exposure to gold itself rather than the industry as a whole. Lastly, it’s harder to find 3x commodity funds because during Covid we had negative oil and a market that crashed rapidly which wiped out some of these funds.
I make more money in bear markets than I do in bull markets. Inverse ETF's by Direxion. My managed IRA may be going to shit right now but i'm making ducketts on DRIP, SPXL, JDST
so JDST puts? 2x inversed levered to GDXJ? im looking at GDX/GDXJ and thinking it may be a good but right now idk
Anyone hedging with a gold dump (JDST) ???
Played inverse ETF's all week and i'm way up calls on DRIP calls on JDST calls on DUST expiring mid July
SQQQ, FNGD, JDST, NRGD, DRIP, TMV, SPXS I'm debating loading up now, or hopping in Monday Morning. I sold most of them today when SPY started climbing after the open. Debating when I want to get back in.
$JDST 9.50 0DTE calls are movin
$JDST 9.50 0DTE — 0.03 stock price— 9.28
$JDST 9.50 0dte calls are basically free money so
I made money on JDST, i only trade gold etfs
JDST 9.50 calls are hitting cheap
False. It’s always been memes and loss porn. It’s always been like this. I’m coming from circa AMD $15 and when people were mainly playing JNUG and JDST
JDST option premiums are all types of fucked up 
JDST probably a solid play