Smart money activity in the past 24 hours that is out of the ordinary. It includes stock options bought on the ask or sold on the bid with unusual size and daily volume compared to open interest.
The investment seeks daily results that match (before fees and expenses) twice the inverse (-2x) of the daily performance of the U.S. Dollar price of the Euro. The “UltraShort” funds seek results for a single day that match (before fees and expenses) two times the inverse (-2x) of the daily performance of a benchmark. It does not seek to achieve their stated objectives over a period greater than a single day.
Call trades that are bought on or above the market's asking price OR put trades that are sold on or less than the market's bid price - expecting a move to the updside.