Is Buying Stock Like ProShares UltraShort Lehman 20+ Yr(ETF) Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like ProShares UltraShort Lehman 20+ Yr(ETF) Good Idea After Today's Bullish Options Activity?

In today’s session ProShares UltraShort Lehman 20+ Yr(ETF) (TBT) registered an unusually high (1,843) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious TBT increase. With 1,843 contracts traded and 88584 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: TBT180119C00050000 closed last at: $0.97 or 2% down. ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) has declined 7.12% since March 28, 2016 and is downtrending. It has underperformed by 11.83% the S&P500.

ProShares UltraShort 20+ Year Treasury , formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. The ETF has a market cap of $2.04 billion. Treasury Bond Index (the Index). It currently has negative earnings. The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.

More notable recent ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) news were published by: Etfdailynews.com which released: “Unusual Options Activity on Inverse Bond ETF: Higher Rates Coming?” on August 29, 2016, also Marketwatch.com with their article: “ProShares UltraShort 20+ Year Treasury” published on June 18, 2009, Etfdailynews.com published: “Will Interest Rates Defy Expectations Again? [iShares Barclays 20+ Yr Treas …” on February 20, 2015. More interesting news about ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) were released by: Seekingalpha.com and their article: “Don’t Bet Against Treasuries” published on July 21, 2016 as well as Etfdailynews.com‘s news article titled: “Finding A Discount On Your Next Bond Investment [iShares Barclays 20+ Yr Treas …” with publication date: June 09, 2015.

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