ProShares UltraPro Short Russell2000 ETF Can’t Be More Safe. Option Traders Like It

 ProShares UltraPro Short Russell2000 ETF Can't Be More Safe. Option Traders Like It

In today’s session ProShares UltraPro Short Russell2000 ETF (SRTY) registered an unusually high (172) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SRTY increase. With 172 contracts traded and 524 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SRTY161118C00023000 closed last at: $0.45 or 59.1% down. ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) has declined 32.58% since April 7, 2016 and is downtrending. It has underperformed by 37.36% the S&P500.

ProShares UltraPro Short Russell2000 seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The ETF has a market cap of $80.01 million. The Fund seeks a return -300% of the return of an index for a single day. It currently has negative earnings. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.

More notable recent ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) news were published by: Etftrends.com which released: “Inverse ETFs to Capitalize on Market Turns” on March 25, 2013, also Etftrends.com with their article: “Small-Cap ETFs: Bearish ‘Death Cross’ in Russell 2000” published on September 23, 2014, Investorplace.com published: “21 Ways to Aggressively Short This Market” on June 24, 2013. More interesting news about ProShares UltraPro Short Russell2000 ETF (NYSEARCA:SRTY) were released by: Seekingalpha.com and their article: “Look Out Direxion: ProShares Launches Line of 3X Leverage and Inverse ETFs” published on February 12, 2010 as well as Etftrends.com‘s news article titled: “Bears Speculate on Reversal with Short S&P 500 ETF” with publication date: March 14, 2013.

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