ETF Chart of the Day: Basic Materials
July 05, 2013 at 10:31 AM EDT
During the abbreviated session before the July 4th market holiday, we saw interesting options activity in XLB (SPDR Basic Materials, Expense Ratio 0.18%, which is a $2.8 billion fund at the moment. We saw call selling and put buying in the product (sellers of September 41 strikes while purchasing...