The options tape classified a multi-leg trade in XLU with $5.25M of traded premium.
What changed for $XLU?
This classification comes from the actual option-event tape, including the execution pattern and strategy type, rather than being inferred from end-of-day chain volume.
| Structure | 2 observed legs |
|---|---|
| Expiration | 2029-01-19 |
| Premium | $5.25M |
| First leg contracts | 10,000 |
| First leg price | $3.85 |
| First leg sentiment | BULLISH |
LOADING $XLU LIVE MARKET DATA
What does this $XLU signal not prove?
A classified trade does not reveal the trader’s full portfolio, hedge, or final intent. Multi-leg sentiment can differ by leg and should not be reduced to a single directional claim.
