| Spread looks for Russia rebound | |
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Traders are looking for the Market Vectors Russia Fund to rebound in coming months.
optionMONSTER's Heat Seeker monitoring system detected the purchase of 7,000 February 18 calls for $0.46 and the sale of 7,000 February 20 calls for $0.13 on Friday. Volume was far above the open interest in both strikes, showing that this is new positioning.
This vertical spread cost a net $0.33 to open and is looking for RSX to rally above $18 by expiration in mid-February. The sale of the higher-strike contracts reduces the cost of the long calls but limits potential gains, as the trader will be obligated to sell shares if they rise above $20. (See our Coaching section)
RSX fell 4.45 percent to $16.74 on Friday. The exchange-traded fund has fallen nearly 5 percent since Turkey shot down a Russian warplane last Monday is still up 8 percent in the last three months.
Total calls in the fund outnumbered puts by a bullish 3-to-1 ratio on Friday.
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Prb Energy Inc.
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CODE : PRB |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Prb Energy est une société développant des projet miniers et de pétrole basée aux Etats-Unis D'Amerique. Prb Energy est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 214,4 millions US$ (188,5 millions €). La valeur de son action a atteint son plus bas niveau récent le 25 avril 2008 à 0,10 US$, et son plus haut niveau récent le 28 juin 2019 à 24,58 US$. Prb Energy possède 8 722 000 actions en circulation. |