725000 shares of EEM went up through the offer with the call trading on the offer.?
Shares of the Ishares MSCI Emerging Markets ETF (EEM) are up .67 to 33.79 today.? EEM is in the middle of the 52 week range.
- Paper traded 22500 EEM Apr 42.5 calls for .42.
- ADV is 332k contracts.
- The OI is over 185k contracts.
The trade went up in 1 block on the PHLX marked buy write.? 725000 shares of EEM went up through the offer with the call trading on the offer.? The trade sets up roughly delta neutral and could best be characterized as a ratio front spread.? The idea is EEM move higher but not too much.?
- IV30 is 22% and HV10 is 22%??
- The Implied volatility trades even with the realized volatility currently.
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). The Index is designed to measure equity market performance in the global emerging markets.