Options Traders Prep for More Junk Bond ETF Declines
December 29, 2014 at 07:00 AM EST
Exchange traded funds holding high-yield debt have stumbled this year due in large part to sliding oil prices. Some options traders are betting on further declines for the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG), the largest junk bond ETF. Options hedging against swings in HYG...