Pullback Draws Buyers to Russell ETF:
By Pete Najarian, co-founder of OptionMonster
NEW YORK -- Even as the Russell 2000 led the major indices lower Thursday, upside options were active in its exchange-traded fund.
OptionMonster's tracking systems detected a strong buying pattern in contracts on the small-cap iShares Russell 2000 Index ETF . The Weekly 82 calls, which expire this afternoon, were particularly busy with more than 52,000 changing hands. The Weekly 81 and 83 calls traded heavily as well.
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By Pete Najarian, co-founder of OptionMonster
NEW YORK -- Even as the Russell 2000 led the major indices lower Thursday, upside options were active in its exchange-traded fund.
OptionMonster's tracking systems detected a strong buying pattern in contracts on the small-cap iShares Russell 2000 Index ETF . The Weekly 82 calls, which expire this afternoon, were particularly busy with more than 52,000 changing hands. The Weekly 81 and 83 calls traded heavily as well.
...
Click to view a price quote on IWM.
Click to research the Financial Services industry.
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