Commodity Options Traders Place Record Bearish Bets Against ETF Tracking Energy & Metal Prices
January 14, 2011 at 10:48 AM EST
Bloomberg is reporting that commodity options traders have placed record bearish bets against the iShares S&P GSCI Commodity-Indexed Trust, an exchange-traded fund tracking energy and metals prices, after a rally to a two- year high. According to Bberg, the open interest for puts to sell the ETF doubled this week to a record 18,797 outstanding [...]