Alerian MLP (AMLP) $16.15 -0.06%
Alerian MLP (AMLP) is flat at $16.16 and a 20,000-contract block of Jan 15 puts is bought on the energy Master Limited Partnership for 15 cents per contract. The put purchase will create the largest block of open interest in the product and comes after a gain of 7.8 percent in the underlying since October 4. The 52-week low for AMLP is $14.12 set on 8/8.
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.
