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 (577) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious XLI increase. With 577 contracts traded and 254 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: XLI161216C00062500 closed last at: $0.48 or 26.3% up. The stock increased 0.74% or $0.46 on November 23, hitting $62.37. The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) has risen 10.57% since April 22, 2016 and is uptrending. It has outperformed by 5.16% 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 $9.79 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 8.43 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 Nasdaq.com with their article: “Industrial Select Sector SPDR Fund Experiences Big Inflow” published on November 18, 2016, Thestreet.com published: “Which S&P Sector Leads? Materials, Industrial, Energy, Financials, Transports” on November 21, 2016. More interesting news about The Industrial Select Sector SPDR Fund (NYSEARCA:XLI) were released by: Seekingalpha.com and their article: “Industrial Production: Ignoring Leading Indicators Once Again” published on November 17, 2016 as well as Benzinga.com‘s news article titled: “A Tough Day For Some Biotech Bulls” with publication date: November 23, 2016.

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