The Industrial Select Sector SPDR Fund Has More Gas To Increase After Today’s Bullish Options Activity

 The Industrial Select Sector SPDR Fund Has More Gas To Increase After Today's Bullish Options Activity

In today’s session The Industrial Select Sector SPDR Fund (XLI) registered an unusually high (4,866) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious XLI increase. With 4,866 contracts traded and 1274 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: XLI170120C00063000 closed last at: $0.54 or 157.1% up. The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) has risen 10.90% since April 12, 2016 and is uptrending. It has outperformed by 5.92% 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 $7.51 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 8.3 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: Investorplace.com which released: “Trade of the Day: Industrial Select Sector SPDR Fund (NYSEARCA:XLI)” on November 11, 2016, also Wsj.com with their article: “Markets Real Time” published on November 14, 2016, Etfdailynews.com published: “Inside the Death of American Manufacturing” on October 23, 2016. More interesting news about The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) were released by: Etfdailynews.com and their article: “Industrial ETF Pulls Back as Honeywell’s Lowered Guidance Hits Sector” published on October 07, 2016 as well as Thestreet.com‘s news article titled: “Bear Alert: There Are No Safe Havens Among S&P Sectors” with publication date: November 07, 2016.

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