ProShares UltraPro Short S&P500 Unusual Bullish Options Activity Means Profits for Traders

 ProShares UltraPro Short S&P500 Unusual Bullish Options Activity Means Profits for Traders

In today’s session ProShares UltraPro Short S&P500 (SPXU) registered an unusually high (175) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious SPXU increase. With 175 contracts traded and 8514 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: SPXU161216C00027000 closed last at: $0.25 or 0% . ProShares UltraPro Short S&P500 (NYSEARCA:SPXU) has declined 18.88% since April 18, 2016 and is downtrending. It has underperformed by 23.31% the S&P500.

More notable recent ProShares UltraPro Short S&P500 (NYSEARCA:SPXU) news were published by: Marketwatch.com which released: “ProShares UltraPro Short S&P 500” on January 25, 2010, also Forbes.com with their article: “Proshares UltraPro Short S&P500 Getting Very Oversold” published on November 21, 2013, Investorplace.com published: “How to Cover Your Behind If the S&P 500 Comes Unhinged (SH, SDS, SPXU)” on June 02, 2015. More interesting news about ProShares UltraPro Short S&P500 (NYSEARCA:SPXU) were released by: Zacks.com and their article: “Believe in George Soros? Short Samp;P 500 with These ETFs” published on August 17, 2016 as well as Zacks.com‘s news article titled: “Should You Short Samp;P 500 with ETFs This Summer?” with publication date: May 20, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment