About Direxion Daily Homebuilders & Supplies Bull 3X Shares
Direxion 3x leveraged ETF tracking the Dow Jones U.S. Select Home Construction Index — amplifies daily homebuilder moves by 300%. Extreme volatility and daily compounding decay make it unsuitable for long-term holds. No dividend. CSP premiums are rich but gap risk and rapid erosion demand very short-duration trades and wide strike buffers.