​Daily Bulletin: Tuesday June 9

Heavy option flow was seen in the SPDR S&P 500 Exchange-Traded Fund Trust today, as the underlying index narrowly avoided a fourth day of losses to finish up. The most popular trade consisted of about 51,000 June 217 quarterly calls, costing USD0.07, while one investor also entered a bearish put spread, selling a July 210 put and buying a 206 put. That trade executed 45,000 times for USD1.68. We also take a look at potential challenges AccuShares’ new ETFs could face. The firm listed last month on the NASDAQ Stock Market the AccuShares Spot CBOE VIX Fund Down Class Shares for those bearish on VIX futures movements, and the Up Class Shares for bullish investors. In the people and firm’s section, a former global head of financial institutions at Standard Chartered in Hong Kong has joined Scotiabank.