In today’s session iShares iBoxx $ High Yid Corp Bond (ETF) (HYG) recorded an unusually high (785) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious HYG decrease. With 785 contracts traded and 192254 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: HYG161021P00086500 closed last at: $0.39 or 21.9% up. iShares iBoxx $ High Yid Corp Bond (ETF) (NYSEARCA:HYG) has risen 6.04% since March 14, 2016 and is uptrending. It has outperformed by 0.43% the S&P500.
iShares iBoxx $ High Yield Corporate Bond ETF , formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The ETF has a market cap of $18.46 billion. The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. It has a 20.78 P/E ratio. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and gas and oil companies.
More notable recent iShares iBoxx $ High Yid Corp Bond (ETF) (NYSEARCA:HYG) news were published by: Etfdailynews.com which released: “Investors are Fleeing from Junk Bond ETFs” on September 17, 2016, also Investorplace.com with their article: “iShares iBoxx $ High Yid Corp Bond (ETF): Too Far, Too Fast” published on March 09, 2016, Etfdailynews.com published: “Fed Meeting Spurs Huge Outflows in High-Yield Bond ETFs” on September 20, 2016. More interesting news about iShares iBoxx $ High Yid Corp Bond (ETF) (NYSEARCA:HYG) were released by: Etfdailynews.com and their article: “Despite Falling Yields, Junk Bond ETFs are Still Attracting Huge Inflows” published on September 02, 2016 as well as Etfdailynews.com‘s news article titled: “This Junk Bond ETF’s Correlation with Oil Might Finally be Over” with publication date: August 04, 2016.
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