What’s ProShares Short Dow30 (ETF) Upside After Today’s Bullish Options Activity?

 What's ProShares Short Dow30 (ETF) Upside After Today's Bullish Options Activity?

In today’s session ProShares Short Dow30 (ETF) (DOG) registered an unusually high (206) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious DOG increase. With 206 contracts traded and 12724 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: DOG161118C00020000 closed last at: $0.75 or 25% down. ProShares Short Dow30 (ETF) (NYSEARCA:DOG) has declined 7.67% since April 8, 2016 and is downtrending. It has underperformed by 13.32% the S&P500.

ProShares Short Dow30 , formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The ETF has a market cap of $349.31 million. The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. It currently has negative earnings. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies.

More notable recent ProShares Short Dow30 (ETF) (NYSEARCA:DOG) news were published by: Seekingalpha.com which released: “Trump Triumphs: Stocks And ETFs To Rock Or Shock” on November 10, 2016, also Etfdailynews.com with their article: “The Best ETFs For A Stock Market Sell-Off” published on March 26, 2013, Etfdailynews.com published: “Inverse ETFs To Consider On Market Turmoil” on August 24, 2015. More interesting news about ProShares Short Dow30 (ETF) (NYSEARCA:DOG) were released by: Etftrends.com and their article: “Inverse ETFs Step into the Limelight” published on January 07, 2016 as well as Fool.com‘s news article titled: “When Inverse ETFs Make Sense” with publication date: May 13, 2011.

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