Market Overview

Upside Purchased on The Retail Holders Trust (RTH)

Shares of The Retail Holders Trust (NYSE: RTH) are lower on the session by 0.34%, currently trading at $93.01. The ETF has been running lower over the past two months and is now in a technical downtrend.

Options traders are betting that the ETF could rally from here, though. The July $95 call was purchased 3,250 times on open interest of 2,484 contracts a short while ago. Call volume is now running at 6x the daily average.

The Retail Holders Trust seeks to diversify your investments in the retailing industry through a single, exchange-listed instrument representing your undivided beneficial ownership of the underlying securities. The trust holds securities issued by specified companies that, when initially selected, were in the retailing industry. Except when a reconstitution event, distribution of securities by an underlying issuer, or other event occurs, the group of companies will not change. There are currently 20 companies included in the Retail HOLDRS.

Posted-In: Long Ideas Sector ETFs Technicals Options Trading Ideas ETFs

 

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