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XLP

Consumer Staples Sector SPDR

$50.46

-0.22 (-0.43%)

13:20
11/18/16
11/18
13:20
11/18/16
13:20

Defensive options play opened in the SPDR Consumer Staples Fund

Defensive options play opened in the SPDR Consumer Staples Fund. The Mar 44 - 49 put spread for $89c, 31700X. Both legs open and the new position offers a max payout if shares slide 12.8% to $44, or worse, through the March 2017 Quad Witch expiration. Shares continue to lag the market through mid-November and are down 22c to $50.46 Friday, off 4.4% month-to-date.

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