What’s in iShares Dow Jones Transport. Avg. (ETF) After Today’s Bearish Options Activity?

 What's in iShares Dow Jones Transport. Avg. (ETF) After Today's Bearish Options Activity?

In today’s session iShares Dow Jones Transport. Avg. (ETF) (IYT) recorded an unusually high (1,246) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious IYT decrease. With 1,246 contracts traded and 29864 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: IYT161216P00150000 closed last at: $0.25 or 28.6% down. iShares Dow Jones Transport. Avg. (ETF) (NYSEARCA:IYT) has risen 13.35% since April 28, 2016 and is uptrending. It has outperformed by 7.43% the S&P500.

iShares Transportation Average ETF , formerly iShares Dow Jones Transportation Average Index Fund, is an exchange-traded fund (ETF). The ETF has a market cap of $1.15 billion. The Fund seek investment results that correspond generally to the price and yield performance, before fees and expenses, of Dow Jones Transportation Average Index. It has a 14.14 P/E ratio. The Index measures the performance of the transportation sector of the United States equity market, and includes companies in the primary groups, such as airlines, trucking, railroads, air freight, transportation services and industrial services.

IYT Company Profile

iShares Dow Jones Transportation Average Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the Dow Jones Transportation Average Index (the Index). The Index measures the performance of the transportation sector of the United States equity market, and includes companies in primary groups, such as airlines, trucking, railroads, air freight, transportation services and industrial services.

More notable recent iShares Dow Jones Transport. Avg. (ETF) (NYSEARCA:IYT) news were published by: Etfdailynews.com which released: “Transports Have Run Too Far, Too Fast” on November 29, 2016, also Etfdailynews.com with their article: “Trump’s Victory Is Looking Very Bullish For Transports” published on November 11, 2016, Benzinga.com published: “2 Transportation ETFs Break Out” on September 04, 2014. More interesting news about iShares Dow Jones Transport. Avg. (ETF) (NYSEARCA:IYT) were released by: Etfdailynews.com and their article: “3 Transportation ETFs In Focus” published on April 16, 2013 as well as Benzinga.com‘s news article titled: “Good Advice: Don’t Buy Transportation ETFs Just Because It’s Labor Day” with publication date: September 08, 2015.

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