Options Traders Turn Bearish on Energy Sector
October 30, 2013 at 13:54 PM EDT
After a significant rally in the energy sector, options traders are turning bearish, pressuring the largest exploration and production-focused exchange traded fund. The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEArca: XOP) dipped 1.8% Wednesday, trading around $70.6 per share....