Some Traders See Unusual Bullish Options Activity in ProShares Trust II

 Some Traders See Unusual Bullish Options Activity in ProShares Trust II

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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