SPDR Retail Trust (XRT) adds 67 cents to $66.30 and a hefty spread in the ETF is a Mar 60 – 64 put spread for 50 cents, 100,000X. 110K traded on the day and appears to be opening buying, even as shares notch new 52-week highs. The activity will create the largest blocks of open interest in the product. Mar 60 and 64 puts are already the largest open interest positions in XRT.
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.