Traders Got Bearish on Homebuilder ETFs Ahead of Fed Rate Hike
June 15, 2017 at 10:34 AM EDT
The SPDR S&P Homebuilders ETF (NYSEArca: XHB) is up 14.3% year-to-date and the popular homebuilders exchange traded fund jumped more than 2% ahead of this week’s Federal Reserve meeting, but some traders took bearish options positions in XHB ahead of the Fed meeting. On Tuesday, puts...
