In today’s session Market Vectors Oil Services ETF (OIH) recorded an unusually high (592) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2015 put, expecting serious OIH decrease. With 592 contracts traded and 4013 open interest for the Nov, 15 contract, it seems this is a quite bearish bet
The greatest deception men suffer is from their own opinions. ~ Leonardo da Vinci
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