SPDR Dow Jones Industrial Average ETF Has More Gas To Increase After Today’s Bullish Options Activity

 SPDR Dow Jones Industrial Average ETF Has More Gas To Increase After Today's Bullish Options Activity

In today’s session SPDR Dow Jones Industrial Average ETF (DIA) registered an unusually high (510) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DIA increase. With 510 contracts traded and 16584 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DIA161216C00185000 closed last at: $1.11 or 12.6% down. SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) has risen 1.64% since April 5, 2016 and is uptrending. It has underperformed by 0.31% the S&P500.

SPDR Dow Jones Industrial Average ETF Trust is a unit investment, which issues securities called trust units or units. The ETF has a market cap of $11.57 billion. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. It has a 22.56 P/E ratio.

DIA Company Profile

Diamonds Trust, Series 1 (the Trust) is a unit investment trust. The Trust was created to provide investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities consisting of substantially all of the component common stocks, which comprise the Dow Jones Industrial Average (the DJIA). The Trust’s objective is to provide investment results that, before expenses, generally correspond to the price and yield performance of the DJIA.

More notable recent SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) news were published by: Etfdailynews.com which released: “Dow Surges As FBI Clears Hillary Clinton Again” on November 07, 2016, also Nasdaq.com with their article: “SPDR Dow Jones Industrial Average ETF Experiences Big Outflow” published on October 03, 2016, Seekingalpha.com published: “Will These Green Shoots Bloom?” on November 07, 2016. More interesting news about SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) were released by: Etfdailynews.com and their article: “Stocks Could Crater If They Fall Below This Important Trend Line” published on November 07, 2016 as well as Seekingalpha.com‘s news article titled: “Profiting From A Very Nervous Market” with publication date: November 06, 2016.

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