Block trades serve as a useful indicator for investors trying to understand the sentiment of large financial institutions. A total of 27 block trades were executed today, typically at least 10,000 shares or more represent a single block unit. Further analysis into the trading activity reveals that 765.60K shares were bought and 108.90K shares were sold. The bought/sold ratio for shares of SPDR S&P Oil & Gas Explor & Prodtn ETF is 7.03, representing a positive net cash flow of $33,384,858 into the stock.
On the options side, a total of total of 19.27K call and 19.35K put contracts were traded yielding a 1.00 put/call ratio.
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