Benzinga - by Priya Nigam, Benzinga Staff Writer. iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT) traded higher during Wednesday’s trading session ahead of the Jackson Hole Symposium.
On CNBC’s "Options Action," Kevin Kelly of Kelly Intelligence said the TLT Long-Term Treasury ETF had about 1.72 times the amount of calls traded versus puts.
Don’t forget to check out our premarket coverage here
There were buyers of 18,935 of the October 98-calls at an average price of $1.64 per contract, Lelly mentioned.
Traders see the TLT Long-Term Treasury ETF moving higher through October expiration.
Price Action: iShares 20+ Year Treasury Bond ETF gained 2.5% to close at 95.54 on Wednesday, but was down 0.5% in Thursday’s pre-market trading session.
Check This Out: Nvidia, Dollar Tree And 3 Stocks To Watch Heading Into Thursday
Photo: Shutterstock
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.