Technology Select Sector (XLK) $26.11 -0.71%

| March 9, 2011 | 0 Comments More

SPDR Technology ETF (XLK) is trading down 15 cents to $26.15 and it looks like the Apr 26 – 27 call spread is being sold-to-open this morning. 2893 traded at 43 cents on ISE. 10000X total. The spread offers its best pay-off if shares settle at $26 or below at the April expiration.

Category: All ETFs

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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.

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