Shares of the Financial Select SPDR ETF (XLF) are trading up .03 to 17.42. ?XLF is trading at 52-week highs.
Yesterday paper traded 50,000 XLF Apr 17 puts for .41, hitting the bid at the time.? The average contract volume is 207,000 contracts per day in the name, and open interest is 93,000 contracts.? The implied volatility is flat today. The trade looks to be a seller of puts and it went up marked ?buy write.?
30-day implied volatility is 15%.?? 10-day implied volatility is 8%.? 30-day implied volatility is trading at the 10-day historical volatility.
Financial Select Sector SPDR Fund (XLF) seeks to provide investment results that correspond generally to the price and yield performance of the Financial Select Sector Index (the Index).