Shares of iShares MSCI Germany Index (EWG) were trading down .11 to 26.11 yesterday.? EWG is trading just at a 52-week high.
Yesterday, paper sold 19,903 EWG Jun 26 calls at 0.65.?? Average volume is 1,311.? Open interest is 253.
The trade looks curious since the IV is up .56 in Jun even though the calls printed on the bid suggesting a sale possibly to complete a buy write.? 20,003 contracts went up total on the day.? This trade will have the largest open interest in EWG.
30-day implied volatility is 19%.?? 10-day implied volatility is 15%.? 30-day implied volatility is trading above the 10-day historical volatility.
Shares MSCI Germany Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the German market, as measured by the MSCI Germany Index (the Index).