Shares of the iShares MSCI Emerging Markets ETF (EEM) are down 37.03 to .03 today.? EEM is in the lower end of the 52 week range.
Today paper traded 25000 EEM Jun 40 calls at 1.11.? ADV is 365k contracts.? The OI is 27k in the calls and 6780 in the puts.
The volume went up in a 25k block marked buywrite.? Total volume on the day is 35k contracts.? The IV is down slightly and there appears to be heavy selling in upside calls in the June cycle.? The paper is consistent with buy writes.
30-day implied volatility is 25%.? ?10-day implied volatility is 28%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
iShares 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).