Health Care Select Sector (XLV) $31.96 +0.72%
Strangle buyer in the Jan2011 31 puts – 33 calls in the Select Sector Healthcare Fund (XLV) Tuesday. They paid $3.85, 20000X, to open a new position. After losing 23 cents yesterday, shares are up 24 cents to $31.97 this morning. I discussed this trade in more detail in yesterday’s podcast:
Category: All ETFs
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
