What’s in ProShares UltraShort Lehman 20+ Yr(ETF) After Today’s Bullish Options Activity?

 What's in ProShares UltraShort Lehman 20+ Yr(ETF) After Today's Bullish Options Activity?

In today’s session ProShares UltraShort Lehman 20+ Yr(ETF) (TBT) registered an unusually high (143) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious TBT increase. With 143 contracts traded and 66974 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: TBT180119C00045000 closed last at: $3.85 or 1.3% up. ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) has risen 5.37% since April 25, 2016 and is uptrending. It has underperformed by 0.64% the S&P500.

ProShares UltraShort 20+ Year Treasury , formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. The ETF has a market cap of $2.04 billion. Treasury Bond Index (the Index). It currently has negative earnings. The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.

More notable recent ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) news were published by: Etfdailynews.com which released: “Bond Markets In Shambles As Post-Trump Yields Surge” on November 09, 2016, also Etfdailynews.com with their article: “Unusual Options Activity on Inverse Bond ETF: Higher Rates Coming?” published on August 29, 2016, Marketwatch.com published: “ProShares UltraShort 20+ Year Treasury” on June 18, 2009. More interesting news about ProShares UltraShort Lehman 20+ Yr(ETF) (NYSEARCA:TBT) were released by: Etfdailynews.com and their article: “Will Interest Rates Defy Expectations Again? [iShares Barclays 20+ Yr Treas …” published on February 20, 2015 as well as Etfdailynews.com‘s news article titled: “What You Need To Know About Rising Rate ETFs” with publication date: September 16, 2015.

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