Shares of CurrencyShares Canadian Dollar (FXC) are up .34 to 91.05 today. ?FXC is near the bottom of the 52 week range.
Today paper traded 5000 FXC Dec 90 puts at .95. ?The ADV is 514 contracts.? The OI is 5634.
The volume went up in 1 large block.? Most likely the trade is a successful put close after the FXC has fallen off a bit and approaching the bottom of the range.? The trader is taking the time to exit now as UA covered this trade entry on July 17th for .65-70.
30-day implied volatility is 5.54%.?? 10-day implied volatility is 4.6%.? 30 day implied volatility is trading above the 10 realized volatility
Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust.?