A second big print in SPDR Homebuilders ETF (XHB) after one investor bought a Jan 22-24 put spread on the fund for 42 cents, 21000X. A similar trade was initiated in XHB March options earlier today (see 11:20 color). XHB was at 52-week highs of $26.93 on 11/1 and is down 13 cents to $25.54 Monday afternoon.
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.