10000 EEM Sep 30 calls went up in 1 block on the PHLX marked buy-write. ?
Shares of iShares MSCI Emerging Markets (EEM) are down 1.09 to 27.79 today. ?EEM is near the bottom of the 52 week range.
- Paper traded 10000 EEM Sep 30 calls for 1.46.?
- The ADV is 306k contracts.?
- The OI is 17126 contracts.
The volume went up in 1 block on the PHLX marked buy-write. ?A roughly delta neutral block of options traded at the same time so this trader is looking for a yield-type position.? They are expecting muted upside moves at best but want some downside protection at the lows.
- IV 30 is trading 34%.?
- HV10 is trading for 28%.?
- IV 30 is trading above the HV 10.
Shares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).