A massive options trade occurred last week in iBoxx $ High Yield Corporate Bond ETF (HYG). HYG is a massively popular high yield bond fund that also has a very active options chain. A put spread was recently sold on HYG with over 150,000 contracts per leg. This trade is likely meant to boost “yield” from HYG by collecting put premiums.
972% Total Returns Investing in This Stock
Over a 22-year model I’ve compiled, investing in this high-yield dividend stock produced 972% total gains. Those gains are good to DOUBLE the average returns of the market over the same two decades. This is a brand new strategy I’m bringing to Investors Alley. If you like income, you’ll like this. Click here for how to get started today