Bank ETF Options Traders Look for Rebound
June 21, 2011 at 11:19 AM EDT
Some options traders are positioned to profit if a bank exchange traded fund’s low set earlier this month proves to be a short-term bottom for the troubled sector. Call buyers in SPDR KBW Bank ETF (NYSEArca: KBE) were active Monday, said Paul Weisbruch at Street One Financial in a strategy note...