Today The Industrial Select Sector SPDR Fund Had High Bearish Options Activity

 Today The Industrial Select Sector SPDR Fund Had High Bearish Options Activity

In today’s session The Industrial Select Sector SPDR Fund (XLI) recorded an unusually high (2,220) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious XLI decrease. With 2,220 contracts traded and 178864 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: XLI161021P00057000 closed last at: $0.48 or 5.9% down. The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) has risen 5.81% since March 14, 2016 and is uptrending. It has outperformed by 0.19% the S&P500.

Industrial Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The company has a market cap of $7.14 billion. The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products. It has a 7.72 P/E ratio.

XLI Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Industrial Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies.

More notable recent The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) news were published by: Thestreet.com which released: “What Are the Best Sector ETFs? Energy, Technology, Transportation” on October 17, 2016, also Etfdailynews.com with their article: “Industrial ETF Pulls Back as Honeywell’s Lowered Guidance Hits Sector” published on October 07, 2016, Etfdailynews.com published: “Harness the Next Tech Revolution with These Two ETFs” on October 14, 2016. More interesting news about The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) were released by: Etfdailynews.com and their article: “Trump or Clinton? Both Will Greatly Benefit Industrial ETFs” published on August 26, 2016 as well as Thestreet.com‘s news article titled: “Why Energy, Technology, Transportation Are the Momentum Sectors” with publication date: October 10, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment