Industrial Select Sector SPDR® Fund Earnings
The next earnings date for Industrial Select Sector SPDR® Fund has not yet been scheduled.
Analyst Estimates of Industrial Select Sector SPDR® Fund Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
Industrial Select Sector SPDR® Fund Earnings: Historical
More About Industrial Select Sector SPDR® Fund
Under normal market conditions, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Industrial companies by the Global Industry Classification Standard, including securities of companies from the following industries: aerospace and defense; industrial conglomerates; marine transportation. It is non-diversified.
“Industrial Select Sector SPDR® Fund Earnings” Can Refer to the Industrial Select Sector SPDR® Fund Earnings Date
Some people say “Industrial Select Sector SPDR® Fund earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my Industrial Select Sector SPDR® Fund position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning Industrial Select Sector SPDR® Fund Stock on the Earnings Date
If you own Industrial Select Sector SPDR® Fund stock (XLI) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for Industrial Select Sector SPDR® Fund might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading Industrial Select Sector SPDR® Fund shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Owning Industrial Select Sector SPDR® Fund Options on the Earnings Date
If you own Industrial Select Sector SPDR® Fund options on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
In addition, the extrinsic values of Industrial Select Sector SPDR® Fund options that overlap earnings dates are often higher than other days of the year. In other words, the premiums you pay to own Industrial Select Sector SPDR® Fund options are typically higher during that period. In particular, they are frequently higher immediately before earnings and on the day they’re announced.
This makes sense considering that prices are often more volatile on earnings dates for Industrial Select Sector SPDR® Fund. That potential volatility is a key factor that affects the premium cost of owning options.
Once the earnings announcement is done and the anticipated price volatility has gone down, the extrinsic values of Industrial Select Sector SPDR® Fund options often go down. This is sometimes referred to as volatility crush.
Learning More Industrial Select Sector SPDR® Fund Earnings
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