On the day of the FOMC meeting results last week, there was quite a bit of unusual options activity in Financial Select Sectors SPDR Fund (XLF). XLF, the most heavily traded financial sector ETF, traded about 2.5x its normal options volume. 67% of the activity was in calls, which is generally a bullish signal. The […]
Financial Sector
Big Brothers Are Fighting For World Domination
The struggle for world domination is never-ending. Governments, with their armies, fight to control not only their population, but also the rest of the world. The tools and battle strategies may change, but the goal never does. Immediately after finishing our article about digital currency combined with negative interest rates, Chuck Butler wrote “China’s Digital Currency Is Ready […]
Trade of the Week: XLF
Last week, there was some unusually large options activity in Financial Select SPDR ETF (XLF). XLF tracks financial stocks such as banks and asset management companies in the S&P 500. On a particularly brisk day for options trading, XLF had about 2x more options volume than normal. A large chunk of the volume came in […]
Trade of the Week: XLF
There was a fair amount of options action ahead of the long holiday weekend. A massive amount of puts traded in the financial sector, more specifically, on the Financial Select Sector SPDR ETF (XLF). Some of the large trades could be setting up a hedge against downside risk through August. One interesting trade in XLF […]