Barron's 4.5 Stars 2014 Open an Account Button Contact Us Login Log In Log into
 
Education / How do I? > Education Center - Investment Education - ETFs Market Briefs - Exchange Traded Funds  Place Trade Financial Education Center
 

Place Trader University


ETFs Market Briefs

  Financial Education for Bond Traders  

  ETFs Market Briefs - Exchange Traded Funds

 

  ETF Market Briefs
As of 08-13-2015 04:11 PM EDT.  Data available real-time to Place Trade clients in Trader Workstation.
 
 

 

Sector    Ticker

Current Price

% Change in Price

Total OI

Current P/C OI ratio

Current C/P OI Ratio

% Change Monthly Put OI

% Change Monthly Call OI

Opt Implied Volatility

Current Option Volume

 

Please Note:

The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither Place Trade Financial, Inc. nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PT nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance is not necessarily indicative of future results.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instruments. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

 
 
 
 
Interest Rates and Bond Education
 
 
 

 

 

 

 

ETF Brief Key

 

SectorWhat industry sector does this security reflect?  Examples: Financial, Technology, Healthcare, Consumer Discretionary, Cyclical,  Industrials, Materials, Retail, Homebuilding, Utilities, Staples, Discretionary, Energy and more.

 

Ticker, Current Price and % Change in Price – The table above displays exchange-traded funds (ETFs) that represent eleven key economic sectors. Each SPDR Fund listed is accompanied by the appropriate ticker symbol for the fund along with the current share price and its daily rolling change in percentage terms.

 

Total OI – Open interest measures the number of open options positions held by investors on the entire underlying ticker symbol across all available expiration dates and strike prices.

 

Current P/C OI Ratio – The total number of outstanding put positions is divided by the same measure of call options. For the put-to-call ratio, the HIGHER the value, the more negative the sentiment because it indicates more puts are held than calls. A P/C ratio of less than one indicates more investors hold call options than put options.

 

Current C/P OI Ratio – The total number of outstanding call positions is divided by the same measure of put options. For the call-to-put ratio, the HIGHER the value, the more positive the sentiment because it indicates more calls are held than puts. A C/P ratio of less than one indicates more investors hold put options than call options.

 

% Change in Monthly P/C Ratio – Monitoring the monthly change in the put-to-call ratio might make it easier to read how investors are using options to build bullish or bearish strategies. For example, any rise in this series above a ratio of 1.0 indicates that investors are accumulating more bearish put positions. This could be a defensive move in order to protect an underlying long position in the sector, or it could be increasing positioning in the expectation that prices will fall.

 

% Change in monthly C/P Ratio – An increase in the call-to-put reading typically suggests the opposite of a rising put-to-call ratio and could indicate growing optimism about the prospects for the sector. A rise in this series above a ratio of 1.0 indicates that investors are accumulating more bullish call option positions as they increase exposure to the sector in the expectation that prices will rise.

 

Option Implied Volatility – Implied volatility is the options market's prediction of how volatile a given underlying share price will be in the future. It is calculated by inputting all known information into an options pricing model (i.e. option price, interest rates, dividends, strike price, and expiry date) and backing out the unknown parameter, the implied volatility. The data is displayed on an annualized basis. Implied volatility is calculated using a 100-step binary tree for American style options, and a Black-Scholes model for European style options.

 

Current Option Volume – is a live reading of the total overall volume of both puts and calls traded in today's session. Investors should compare the volume against the total reading of open interest to gauge whether the relative derivative volume is unusual during the day.

 

 

Please Note:

The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither Place Trade Financial, Inc. nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PT nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance is not necessarily indicative of future results.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instruments. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.  

Our experienced financial professionals are available to assist you upon request however in cases where advice and or assistance is provided the full-service commission schedule will apply. 

 

Corporate Municipal Bond Investor Education

 


 

Learn more about ETFs on our Exchange Traded Funds (ETF) Online Trading web page via this link.

 

Place Trader University

 

 (Please note that Place Trade does not offer futures or Forex trading at this time however we are offering this information to you for educational purposes only.)

Back to the top

 

It is so easy to open an account online at Place Trade ~ Get started today ~ Feel free to call us if you need any help!

 

 

 

 

s5box


Learn more about retirement planning by visiting some of the links below:

Roth IRA

SEP IRA

SIMPLE IRA

Traditional IRA

Qualified Plans

Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts