What’s in iShares IBoxx $ Invest Grade Corp Bd Fd After Today’s Bearish Options Activity?

 What's in iShares IBoxx $ Invest Grade Corp Bd Fd After Today's Bearish Options Activity?

In today’s session iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) recorded an unusually high (1,382) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious LQD decrease. With 1,382 contracts traded and 142154 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: LQD161216P00116000 closed last at: $0.6 or 14.3% down. iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) has declined 2.80% since April 28, 2016 and is downtrending. It has underperformed by 8.72% the S&P500.

iShares iBoxx $ Investment Grade Corporate Bond ETF , formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The company has a market cap of $29.19 billion. The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States. It has a 15.14 P/E ratio. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and gas and oil companies.

LQD Company Profile

iShares iBoxx $ InvesTop Investment Grade Corporate Bond Fund, formerly known as iShares GS $ InvesTop Corporate Bond Fund, seeks investment results that correspond generally to the price and yield performance of the corporate bond market as defined by the iBoxx $ Liquid Investment Grade Index (formerly the GS $ InvesTop Index) (the Index). The Fund invests in a representative sample of the securities in the Index, which has a similar investment profile as the Index.

Another recent and important iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) news was published by Etfdailynews.com which published an article titled: “Risk Levels Growing for Popular Corporate Bond Fund” on September 12, 2016.

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