Skip to main content

Market Overview

Mike Khouw Sees Unusual Options Activity In The High Yield Bond ETF

Share:

On CNBC's "Options Action", Mike Khouw spoke about high options volume in iShares iBoxx $ High Yid Corp Bond (ETF) (NYSE: HYG).

He said that the put options volume Thursday reached four times the average daily put volume. Khouw added that during the trading session a sale of the January 86 puts and the January 87 calls caught his attention. With the sale, traders collected $1.85. The trade breaks even at $88.85 and $84.15. Khouw thinks this trade is a sign that most of the damage in the name is probably done.

 

Related Articles (HYG)

View Comments and Join the Discussion!

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media ETFs

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com