iShares DJ US Real Estate Index Fund (IYR) $62.20 +0.05%
DJ Real Estate ETF (IYR) has added 2 cents to $62.19 and an investor buys 34,700 Sep 59 puts at $1.95 each. The hefty premium purchase was tied to 893,700 shares at $62.35 and appears to be a new position in the exchange-traded fund. IYR, which holds a basket of REITs and real estate companies, has performed well lately — up 6.9 percent in a little more than two weeks. Today’s put buyer might be bracing for heightened volatility in the sector from now through September.
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.
