In today’s session iShares iBoxx $ High Yid Corp Bond (ETF) (HYG) recorded an unusually high (10,054) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious HYG decrease. With 10,054 contracts traded and 601494 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: HYG170120P00080000 closed last at: $0.6 or 0% . iShares iBoxx $ High Yid Corp Bond (ETF) (NYSEARCA:HYG) has risen 5.08% since April 5, 2016 and is uptrending. It has outperformed by 3.13% 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 $15.73 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 20.56 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: “Exodus From Junk Bond Funds Accelerates As Institutional Fear Rises” on November 03, 2016, also Etfdailynews.com with their article: “Investors are Fleeing from Junk Bond ETFs” published on September 17, 2016, Investorplace.com published: “iShares iBoxx $ High Yid Corp Bond (ETF): Too Far, Too Fast” on March 09, 2016. More interesting news about iShares iBoxx $ High Yid Corp Bond (ETF) (NYSEARCA:HYG) were released by: Etfdailynews.com and their article: “Fed Meeting Spurs Huge Outflows in High-Yield Bond ETFs” published on September 20, 2016 as well as Etfdailynews.com‘s news article titled: “Despite Falling Yields, Junk Bond ETFs are Still Attracting Huge Inflows” with publication date: September 02, 2016.
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