Traders See Downside in Industrial Sector ETFs

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Options traders have been using industrial exchange traded funds (ETFs) to bet against the sector following quarterly earnings from bellwether and Dow component General Electric ( GE ).

Industrial Select Sector SPDR Fund (NYSEArca: [General Electric Weighs on Dow, Industrial ETFs.]


Options players "seem to be extending a bearish position in the sector out an additional month, and to a higher strike in the puts," Street One said on Monday.

The analysts noted the industrial ETF has outperformed the broad market year to date, rising 7.9% versus 6.4% for the S&P 500.

Industrial Select Sector SPDR Fund


Editor's note: For more information on Street One ETF research, contact pweisbruch@streetonefinancial.com.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , ETFs

Referenced Stocks: GE

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