Shares of the iShares MSCI Italy Index (EWI) are down .16 to 15.54 today.? EWI is near the top of the 52 week range.
Today paper traded 1153 EWI Feb 16 calls for .15-20.? ADV is 465 contracts.? The OI is over 252 for each strike.
The volume went up in mid-size blocks with most of the volume trading .20.The paper looked mostly like opening buys with the Feb 16 calls the most active strike.? The trader is looking for a? short term bounce in EWI on unusually high volume.
30-day implied volatility is 25%.?? 10-day implied volatility is 21%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index).