Direxion Daily SK Hynix Bull 2X ETF (SKHL)
$8.52
Pre-market−0.57 (−6.27%)
At close$9.09(+5.09%)
Using SKHY ETFs for Tactical Trading & Cautions in Volatile AI Memory Trade
Direxion's Ryan Lee talks about how his firm plans to capitalize on the volatility on SK Hynix (SKHY) by discussing the Direxion Daily SK Hynix Bull 2x ETF (SKHL). However, as Ryan warns, it's a tool not for normal trade, as he explains the situations traders can use the ETF.
Leveraging Memory: Direxion Premiers Daily SK Hynix Bull 2X ETF
On July 15, Direxion launched the Direxion Daily SK Hynix Bull 2X ETF (SKHL), seeking to replicate double the daily performance of the South Korean semiconductor manufacturers Sk Hynix (SKHY). The fund provides leveraged exposure to the world's leading supplier of high-bandwidth memory chips.
