From Corey Rosenbloom: File this under “interesting reference post,” as these are the top ten stocks and ETFs that traded the most Put and Call Option volume (and activity) on Monday, March 6.
Is your favorite name on this list? Is there anything surprising to you?
The most unexpected addition to the list today was the High Yield Bond ETF (HYG), which most traders may not be familiar with. This fund is likely seeing an uptick in activity due to anticipations of a Fed rate hike coming later this month.
You can use simple lists like this to spur trade ideas and get a sense of what other fellow traders are trading.
The iShares iBoxx $ High Yield Corporate Bond ETF (NYSE:HYG) fell $0.02 (-0.02%) in premarket trading Tuesday. Year-to-date, HYG has gained 1.32%, versus a 6.24% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of AfraidToTrade.com.