All ETFs

Financial Select Sector (XLF) $22.81 +0.31%

Heavy trading in SPDR Financials put options. The ETF is up a nickel to $22.79 and, at current prices, 381,000 June puts on XLF are set to expire worthless. Some investors are probably replacing some of those positions with opening of XLF puts in later expirations. The top trade is a buyer of 75000 Weekly [...]

June 20, 2014 | 0 Comments More

SPDR S&P 500 (SPY) $196.27 +0.01%

Upside call buyer puts on $3M year-end trade. Buyer paid 49c for 60K 215 strike calls expiring on the last day of this year. Opens, and nearly doubles the open interest in that term (try /termoi SPY for more). Strike is nearly 10% out of the money, and the IV paid is near 9%.

June 19, 2014 | 0 Comments More

iShares Silver Trust (SLV) $19.90 +4.46%

iShares Silver Fund sees heavy trading on a bright day for the metals. Gold has recaptured $1300 after gaining nearly $30. Silver is up more than 80 cents to $20.60. SLV has added 83 cents to $19.88 on increasing volume of 11 million shares. Roughly 156,000 calls and 23,000 puts traded on the ETF, which [...]

June 19, 2014 | 0 Comments More

Market Vectors Gold Miners (GDX) $25.44 +2.75%

Bullish trading in the Market Vectors Gold ETF. GDX is up 64 cents to $25.40 after gold climbs $22 to $1295. On the options front, it looks like an investor is paying $1.02 for the Dec 27 – 32 call spread on gold miner ETF, 4900X. Jun 25, Weekly (7/25) 26, and Jun 24 calls [...]

June 19, 2014 | 0 Comments More

Consumer Staples Select Sector (XLP) $45.36 +1.07%

SPDR Consumer Staples Fund sees a big print. The ETF is up 43 cents to $45.31, as consumer staples are among the sectors helping to send the S&P 500 to new closing highs Wednesday (VIX to new 7-year lows). On the options front, a 50000-lot of Jun 44 calls on XLP trades at $1.31. Open [...]

June 18, 2014 | 0 Comments More

iShares MSCI Emerging Markets (EEM) $43.23 -0.44%

Hefty put spead in the iShares Emerging Markets Fund. Shares are down 18 cents to $43.24 and the Aug 43.5 – Sep 41.5 ps on the ETF is sold at 46 cents, 40000X, to open. Aug 43.5 puts were sold to buy Sep 41.5s and the action (tied to shares on 23 delta) seems to [...]

June 18, 2014 | 0 Comments More

iShares iBoxx Dollar High Yield Corporate Bond (HYG) $94.94 +0.12%

Bearish flow in the High Yield Corporate Bond Fund. The ETF is up 10 cents to $94.93 and one player bought 6,700 Sep 90 puts on HYG for 55 cents and then another 5,000 were bought for 55 cents. More than 14,000 traded against 41,202 in open interest. The same puts saw opening activity in [...]

June 18, 2014 | 0 Comments More

Market Vectors Semiconductor (SMH) $49.13 -0.28%

Sizable trades in the Semicondcutor ETF. SMH is off 12 cents to $49.15 and a 17000-lot of Aug 50 calls on the fund trades at 77.5 cents per contract on ISE. It’s a closing seller, according to ISEE data. 37,102 traded total against 37,101 in open interest, which is the largest block of open interest [...]

June 18, 2014 | 0 Comments More

SPDR S&P 500 (SPY) $194.81 +0.27%

Quiet trading and light volumes continue. SPY is up just 45 cents to $194.74 on volume of 35 million shares, which is about 25% below normal. Options volume is nearly 30% below the expected levels and clearly lopsided, as 625,000 puts and 198,000 calls traded on the SPYders through midday The top trade is a [...]

June 17, 2014 | 0 Comments More

iShares US Real Estate (IYR) $70.75 -0.24%

Dow Jones Real Estate ETF draws a big put spread. Shares are down 16 cents to $70.76 and the Jun 69 – 70 ps on IYR is bought for 14 cents, 23500X. It might be a closer since the options expire at the end of the week and the two contracts are among the largest [...]

June 17, 2014 | 0 Comments More