In today’s session ProShares Trust II (SVXY) registered an unusually high (353) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious SVXY increase. With 353 contracts traded and 4844 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: SVXY161216C00084000 closed last at: $5.4 or 10.2% up. ProShares Trust II (NYSEARCA:SVXY) has risen 60.09% since April 28, 2016 and is uptrending. It has outperformed by 54.16% the S&P500.
More news for ProShares Trust II (NYSEARCA:SVXY) were recently published by: Etfdailynews.com, which released: “Traders Are Betting Big on Increasing Volatility” on November 01, 2016. Etfdailynews.com‘s article titled: “Two Japan ETFs To Buy Right Now [WisdomTree Japan Hedged Equity Fund …” and published on March 13, 2015 is yet another important article.
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