How Analysts Feel About SPDR Dow Jones Industrial Average ETF After Today’s Bullish Options Activity?

 How Analysts Feel About SPDR Dow Jones Industrial Average ETF After Today's Bullish Options Activity?

In today’s session SPDR Dow Jones Industrial Average ETF (DIA) registered an unusually high (14,364) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DIA increase. With 14,364 contracts traded and 331454 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DIA161216C00193000 closed last at: $1.13 or 32.9% up. SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) has risen 6.20% since April 26, 2016 and is uptrending. It has outperformed by 0.94% the S&P500.

SPDR Dow Jones Industrial Average ETF Trust is a unit investment, which issues securities called trust units or units. The ETF has a market cap of $13.18 billion. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. It has a 23.72 P/E ratio.

DIA Company Profile

Diamonds Trust, Series 1 (the Trust) is a unit investment trust. The Trust was created to provide investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities consisting of substantially all of the component common stocks, which comprise the Dow Jones Industrial Average (the DJIA). The Trust’s objective is to provide investment results that, before expenses, generally correspond to the price and yield performance of the DJIA.

More notable recent SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) news were published by: Nasdaq.com which released: “SPDR Dow Jones Industrial Average ETF Experiences Big Inflow” on November 28, 2016, also Nasdaq.com with their article: “The Zacks Analyst Blog Highlights: SPDR Dow Jones Industrial Average ETF …” published on November 10, 2016, Etfdailynews.com published: “Is The Dow Going To 20000 Soon?” on November 25, 2016. More interesting news about SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) were released by: Seekingalpha.com and their article: “Charts Show Dow Jones Most Overbought Since April – Video” published on November 29, 2016 as well as Seekingalpha.com‘s news article titled: “Warning: Economies In Danger” with publication date: November 29, 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