Is Buying Stock Like Proshares Trust II Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like Proshares Trust II Good Idea After Today's Bullish Options Activity?

In today’s session Proshares Trust II (EUO) registered an unusually high (480) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious EUO increase. With 480 contracts traded and 397244 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: EUO170120C00028000 closed last at: $0.2 or 0% . Proshares Trust II (NYSEARCA:EUO) has declined 4.40% since March 3, 2016 and is downtrending. It has underperformed by 12.74% the S&P500.

More notable recent Proshares Trust II (NYSEARCA:EUO) news were published by: Etfdailynews.com which released: “Two Japan ETFs To Buy Right Now [WisdomTree Japan Hedged Equity Fund …” on March 13, 2015, also Etfdailynews.com with their article: “ProShares Announces ETF Share Splits and Reverse Splits” published on January 13, 2014, Etfdailynews.com published: “ProShares To Reverse Share Split Eight ETFs Monday June 10th” on June 07, 2013. More interesting news about Proshares Trust II (NYSEARCA:EUO) were released by: Businesswire.com and their article: “ProShares Announces ETF Share Splits” published on July 01, 2016 as well as Etfdailynews.com‘s news article titled: “”Fear” Indicator Surges To Record High” with publication date: March 18, 2016.

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