A few big ETF options trades electronically in the early minutes of trading this morning on ISE are opening buyers, according to data from the exchange. SPDR Industrial Fund (XLI) is down 13 cents to $37.01 and 21000 Jun 35 puts traded for $1.05 per contract. SPDR Basic Materials (XLB) slips 39 cents to $36.90 and 17,630 Jun 35 puts were bought on the ETF for $1.23 each. SPDR 500 (SPY) gives up 36 cents to $136.95 and a Jan 110 – 137 put spread is bought to open on the SPYders for $7.58, 25000X. Early options flow in all ETFs on the nine exchanges reflects the cautious underlying sentiment, with 550,000 puts and 291,000 calls traded across all products in the first thirty minutes. Try symbol @ETF in Flow Monitor.
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.