In today’s session SPDR S&P 500 ETF Trust (SPY) registered an unusually high (878) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious SPY increase. With 878 contracts traded and 43644 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: SPY161216C00192000 closed last at: $28.76 or 0.2% down. SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has risen 6.19% since April 25, 2016 and is uptrending. It has outperformed by 0.17% the S&P500.
SPDR S&P 500 ETF Trust is a unit investment trust. The ETF has a market cap of $209.90 billion. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). It currently has negative earnings. The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
SPY Company Profile
SPDR Trust, Series 1 (the Trust) is a unit investment trust. The Trust is an exchange-traded fund created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the common stocks, in substantially the same weighting, which comprise the Standard & Poor’s 500 Composite Price Index (the S&P Index). Each unit of fractional undivided interest in the Trust is referred to as a Standard & Poor’s Depositary Receipt (SPDR).
More notable recent SPDR S&P 500 ETF Trust (NYSEARCA:SPY) news were published by: Investorplace.com which released: “The SPDR S&P 500 ETF Trust (SPY) Needs Some Relief” on November 04, 2016, also Benzinga.com with their article: “Dan Deming’s SPDR S&P 500 ETF Trust Trade” published on November 10, 2016, Etfdailynews.com published: “Is The Trump Rally For Real?” on November 24, 2016. More interesting news about SPDR S&P 500 ETF Trust (NYSEARCA:SPY) were released by: Etfdailynews.com and their article: “What Does A Trump Victory Mean for the S&P 500?” published on November 09, 2016 as well as Etfdailynews.com‘s news article titled: “Deutsche Bank: S&P 500 Headed To 2500 Soon” with publication date: November 21, 2016.
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