What Will Happen to Financial Select Sector SPDR Fund Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to Financial Select Sector SPDR Fund Next? The Stock Just Had Huge Bearish Options Activity

In today’s session Financial Select Sector SPDR Fund (XLF) recorded an unusually high (2,140) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious XLF decrease. With 2,140 contracts traded and 212134 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: XLF170120P00017000 closed last at: $0.25 or 19% up. Financial Select Sector SPDR Fund (NYSEARCA:XLF) has risen 6.63% since March 14, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.

More notable recent Financial Select Sector SPDR Fund (NYSEARCA:XLF) news were published by: Investorplace.com which released: “The Financial Select Sector SPDR Fund (XLF) Is at a Critical Crossroad” on October 14, 2016, also Benzinga.com with their article: “Jim Strugger’s Financial Select Sector SPDR Fund Trade” published on October 10, 2016, Seekingalpha.com published: “The Financial Select Sector SPDR ETF Just Improved Its Risk/Return Profile” on October 11, 2016. More interesting news about Financial Select Sector SPDR Fund (NYSEARCA:XLF) were released by: Benzinga.com and their article: “Mike Khouw Sees Unusual Options Activity in Financial Select Sector SPDR Fund” published on October 04, 2016 as well as Etfdailynews.com‘s news article titled: “The Fallout From The Financial Sector SPDR ETF’s Divorce From REITs” with publication date: September 29, 2016.

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