Shares of the Financial Select Sector SPDR (XLF) traded down .39 yesterday to 18.08.? XLF is .50 off of the year highs.
Yesterday on the close the XLF Apr 18 calls traded .24 and .26 in two 7,000 contract blocks.? The average contract volume is 205k contracts per day in the name.? Open interest is 197,000 contracts.
The trade went up on the close aggressively taking the offer at the time.? This strike traded over 69,000 contracts yesterday. ?
30-day implied volatility is 19%.? 10-day implied volatility is 18%.? 30-day implied volatility is trading above the 10-day historical volatility.
Financial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Financial Select Sector Index (the Index).