SPDR 500 Trust (SPY) is down 36 cents to $143 following an afternoon of uninspired market action. Weekly 143 puts on the Spiders are today’s most active contract due in part to pinnning effect. 121,283 contracts traded against 45,714 in open interest. The Weekly at-the-money 143 straddle on SPY is 26 – 28 cents with 45 min left to trade.
Category: All ETFs
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.