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Option Bears Reloading as Bulls Feeling Spry
The bulls appear to be feeling like they've accomplished something as the market looks to be positive two days in a row. However, as the bulls have their moment, the bears are adding bearish options positions and rolling up into the strength. Let's look at some key ETFs that had unusual bearish options activity (XLB, IYR, HYG, EWC, XBI, JETS, LI, CVNA)...
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