What Will Happen to PowerShares Exchange-Traded Fund Trust II Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to PowerShares Exchange Traded Fund Trust II Next? The Stock Just Had Huge Bearish Options Activity

In today’s session PowerShares Exchange-Traded Fund Trust II (BKLN) recorded an unusually high (6,470) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious BKLN decrease. With 6,470 contracts traded and 454 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: BKLN161118P00023000 closed last at: $0.25 or 0% . PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) has risen 2.93% since March 10, 2016 and is uptrending. It has underperformed by 4.59% the S&P500.

More notable recent PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) news were published by: Nasdaq.com which released: “PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal (PSCH) Ex …” on September 19, 2013, also Etfdailynews.com with their article: “Are Floating-Rate Bond Funds A Buy? [PowerShares Exchange-Traded Fund Trust II]” published on May 15, 2015, Benzinga.com published: “Finding Dividend ETFs With Healthy REIT Allocations” on October 12, 2016. More interesting news about PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) were released by: Benzinga.com and their article: “Small-Cap Tech Names To Outperform, Says Turning Point Analytics” published on August 30, 2016 as well as Etfdailynews.com‘s news article titled: “Preferred Stock ETFs Show Perseverance [iShares S&P US Pref Stock Idx Fnd (ETF …” with publication date: July 16, 2015.

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