WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Jumps 0.4% – Still a Buy?

WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report)’s share price shot up 0.4% on Wednesday. The company traded as high as $32.65 and last traded at $32.60. Approximately 91,089 shares changed hands during trading, an increase of 43% from the average session volume of 63,754 shares. The stock had previously closed at $32.48.

WisdomTree PutWrite Strategy Fund Stock Performance

The firm’s 50 day moving average is $32.60 and its two-hundred day moving average is $32.69.

About WisdomTree PutWrite Strategy Fund

(Get Free Report)

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month. PUTW was launched on Feb 24, 2016 and is managed by WisdomTree.

Further Reading

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