Technology Select Sector (XLK) $26.90 +0.78%
Technology Select Sector Fund (XLK) adds 22 cents to $26.91 and one strategist sells 55,000 Feb 27 calls at 18 cents to buy 22,000 Mar 27 calls at 44 cents. Looks like a roll and closing out a position of Feb 27 calls opened on 1/19 at 14 cents (which in turn was a roll out of Jan 26 calls, see 1/19 color). Shares are up 3.4 percent since that time and Feb 27 calls are being liquidated at a profit of four cents per contract.
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.
