The Options Insider

Size Bearish Put Spreads Trade in FXE

by | Jun 10, 2016 | Unusual Activity

49985 FXE Jul 106/108 put spreads went up in 2 blocks on the ARCA marked spread.?

FXE

Shares of CurrencyShares Euro Trust (FXE) are down .59 to 109.86. ?FXE is near the middle of the 52 week range.

  • Paper traded 49985 FXE Jul 106/108 put spreads for .42. ??
  • The ADV is 9000 contracts.? ?
  • The open interest is over 2000 contracts per strike.

The volume went up in 2 blocks on the ARCA marked spread.? As priced the trade is bearish FXE through the Brexit vote.? No stock of size went up marked tied to the options so this is just a straight put spread as printed and a big bet on the FXE collapsing.

  • IV 30 is trading for 13%.?
  • HV10 is trading for 12%.?
  • IV 30 is below the HV 10.

CurrencyShares Euro Trust (FXE) is an ETF that tracks the price of the Euro versus the dollar.