Traders Purchase Large Volume of iPath Series B S&P 500 VIX Short-Term Futures ETN Put Options (BATS:VXX)

iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) saw unusually large options trading on Tuesday. Stock investors purchased 37,303 put options on the company. This represents an increase of approximately 26% compared to the average daily volume of 29,627 put options.

iPath Series B S&P 500 VIX Short-Term Futures ETN Price Performance

Shares of iPath Series B S&P 500 VIX Short-Term Futures ETN stock opened at $47.42 on Wednesday. The business’s 50-day simple moving average is $44.90 and its two-hundred day simple moving average is $48.32.

Institutional Trading of iPath Series B S&P 500 VIX Short-Term Futures ETN

An institutional investor recently bought a new position in iPath Series B S&P 500 VIX Short-Term Futures ETN stock. BNP Paribas Financial Markets bought a new position in shares of iPath Series B S&P 500 VIX Short-Term Futures ETN (BATS:VXX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,740 shares of the company’s stock, valued at approximately $235,000.

About iPath Series B S&P 500 VIX Short-Term Futures ETN

The iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund tracks an index with exposure to futures contracts on the CBOE Volatility Index with average one-month maturity. Exposure resets daily. VXX was launched on Jan 19, 2018 and is issued by iPath.