Wall Street Pit XLF – Financial Select Sector SPDR ETF – The single-largest trade initiated in XLF options on Tuesday protects against a limited, albeit substantial, adverse move in the price of the underlying fund during the next few months. Shares in the XLF reached their highest level in nearly two years this past Friday, trading up to [...] View the full post at: Stock Options Watch: XLF, PERI, VRA Related posts: Buffett’s $40 Billion Bet on Volatility AIG: Understanding Big Bonuses and the Coming Options Scandals Stock Market: On High Correlations