Options Traders Are Buying the Dip on This Software ETF
Schaeffers Investment Research·2026-02-11 19:39
Software ETF IGV is fresh off its worst month since the 2008 Financial CrisisLast month, the iShares Expanded Tech-Software Sector ETF (BATS:IGV) officially entered bear market territory. The ETF has suffered amid fears that AI will disrupt business models across the sector, with a dismal post-earnings bear gap from Microsoft (MSFT) -- the fund's top holding -- adding fuel to the fire.IGV is down 3.2% to trade at $82.67 today, and last Thursday traded as low as $81.53, a chip shot from its April 7 low of $8 ...