OptionsHouse

Options Trading News

December 12, 2012  Wed 1:47 AM CT

XLF: SEE CHART GET CHAIN FIND STRATEGIES
The Federal Reserve dominates today's economic calendar.

The central bank will announce monetary policy at 12:30 p.m. ET, followed by a press conference at 2:15 p.m. featuring Chairman Ben Bernanke. With interest rates expected to remain unchanged, attention will focus on the pace of asset purchases under the Fed's policy of so-called quantitative easing. Precious metals could be especially active on the release.

European industrial production will be released before the bell and could affect sentiment early in the session. At 7 a.m. ET the Mortgage Bankers Association will report weekly loan applications, and the Energy Department will publish oil inventories at 10:30 a.m. ET.

Two members of the Standard & Poor's index also release quarterly results before the market opens: Joy Global, which supplies equipment to coal miners, and warehouse retailer Costco.
Share this article with your friends


Related Stories

XLF

Midday index, ETF option volumes

January 23, 2015

Total option volume continues to run above average at 6.2 million so far today, with relatively bearish sentiment in the primary indexes and ETFs, according to optionMONSTER data systems.

XLF

Midday index, ETF option volumes

January 22, 2015

Total option volume is running above average at 6.1 million so far today, with mixed action in the primary indexes and ETFs, optionMONSTER data systems show.

XLF

Huge range trade in financial fund

January 21, 2015

A trader is selling 40,000 June calls against stock, looking for the SPDR Financial Fund to stay trapped in a tight range for the next several months.

XLF

Financial ETF faces downside play

January 5, 2015

Last week's highs were the best levels since June 2008 for SPDR Financial Fund, but the big option trade of the morning is looking at a potential drop by spring.

OptionsHouse

Premium Services

Free Webinar

Option Money Machine Winter Classic

Education & Strategy

The rolling technique

In the January 7th edition of Advantage Point, we initiated the purchase of a second week-out GOOGL 535 put at...

View more education articles »