U.S. Dollar ETF Put-Options Volume Surges to a Record Level
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Put volume for an exchange-traded fund tracking the U.S. dollar against six other major currencies surged to a record after a single trade with a strike price 3.4 percent below today’s close.
An investor bought 94,039 June $21 puts to sell the PowerShares DB US Dollar Index Bullish Fund for 16 cents each at 12:28 p.m. in New York, according to a report by Trade Alert LLC, a New York-based provider of options-market data and analytics, and data compiled by Bloomberg.