Shares of the 1/100 Dow Jones Industrial Average ETF (DJX) are down .29 to 169.17 today. DJX is near the top of the 52 week range.
Today paper traded 3460 Dec 120/140/160 put butterflies for around 1.92.? ?The ADV is 2809 contracts.? The OI is just over 2300 contacts on the 120s and 160s and 8642 on the Dec 140s.
The volume went up in many blocks all marked spread.? The volume was pieced out to get the trade filled as the butterfly looked opening.? The trader is looking for the DJX to decline in value between now and December.
30-day implied volatility is 8.6%.?? 10-day implied volatility is 5.9%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
The 1/100 Dow Jones Industrial Average ETF (DJX).tracks the Dow Jones Industrial Average.