NEW YORK, Dec 11 (Reuters) – The sharp drop in the shares of
a popular energy ETF in tandem with oil’s recent swoon attracted
a bullish bet on Thursday in the options market that oil prices
will rebound significantly through the first quarter of 2015.
The SPDR S&P Oil & Gas Exploration & Production ETF’s
, which tracks the S&P Oil & Gas Exploration & Production
Select Industry Index, rose 2.6 percent to $45.83 on