Large bear put spread initiated on Financial Select Sector SPDR (XLF)
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 8, 2013 - 2:28pm
Financial Select Sector SPDR (NYSEARCA:XLF) – The single-largest trade initiated in Financial Select Sector SPDR (NYSEARCA:XLF) options on Tuesday protects against a limited, albeit substantial, adverse move in the price of the underlying fund during the next few months. Shares in the Financial Select Sector SPDR (NYSEARCA:XLF)reached their highest level in nearly two years this past Friday, [...]
January 8, 2013 - 2:28pm
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