Options Action Update: With 25 Minutes Before Market Close, We're Still Seeing High Volumes In Specific Calls For the Financial ETF (XLF)
Tickers: XLF
The XLF March $18.50 Slightly-Out-The-Money calls have traded 46,260 times.
The XLF March 28th, Weekly Slightly-Out-The-Money $18.50 call contracts have traded 115,705 times against an open interest of 371.
The XLF April $19.00 Out-The-Money calls have traded 98,207 times over an open interest of 21,814.
The XLF May $19.00 Out-The-Money calls have traded hands 53,089 over an open interest of 14,947.
The Federal Reserve's 'Stress Test' is due out today after the bell, and heavy call buying could indicate investors and traders taking a bullish position in financial stocks ahead of the results.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.