Is Selling The Industrial Select Sector SPDR Fund Here a Winning Strategy? Option Traders Hate The Stock

 Is Selling The Industrial Select Sector SPDR Fund Here a Winning Strategy? Option Traders Hate The Stock

In today’s session The Industrial Select Sector SPDR Fund (XLI) recorded an unusually high (512) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious XLI decrease. With 512 contracts traded and 100554 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: XLI170120P00051000 closed last at: $0.46 or 0% . The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) has risen 2.25% since March 31, 2016 and is uptrending. It has underperformed by 0.27% 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 $7.40 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 7.67 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: Etfdailynews.com which released: “Inside the Death of American Manufacturing” on October 23, 2016, also Etfdailynews.com with their article: “Industrial ETF Pulls Back as Honeywell’s Lowered Guidance Hits Sector” published on October 07, 2016, Benzinga.com published: “Best Sector ETFs For November: Let’s Get Cyclical” on November 01, 2016. More interesting news about The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) were released by: Marketwatch.com and their article: “Stock market fear factor rises as Clinton-Trump race tightens” published on November 01, 2016 as well as Etfdailynews.com‘s news article titled: “Harness the Next Tech Revolution with These Two ETFs” with publication date: October 14, 2016.

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