Shares of the iShares MSCI Japan Index (EWJ) are trading up .22 to 11.19 today.? The EWJ is making a? 52-week high.
Today call spreads traded in the EWJ Jun 11/12 strike at .35 20,000 times. The average contract volume is 25,693 contracts per day in the name.? Open interest is over 40,000 contracts in the 11 and 12 strike.
The trade went up and the paper looks like a rolling transaction from the 11 strike to the 12 strike locking in gains.? The IV is flat today.
30-day implied volatility is 19%.? 10-day implied volatility is 31%.? 30-day implied volatility is trading below the 10-day historical volatility.
iShares MSCI Japan Index Fund (the Fund) is a non-diversified fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index).