Shares of Global X FTSE Greece 20 ETF (GREK) are down .20 today to 22.47.? GREK is near the top of the 52-week range.
Today paper traded 2,500 GREK Jan 24 calls at .15.? The ADV is 1,417 contracts.? The OI is 51 contracts.
The volume traded in one block right off the bid.? There is similar large ATM strike volume which looks like a buy write of some kind.? Nothing reported tied to stock but that kind of trade is consistent with a buy writer.
30-day implied volatility is 30%.? ?10-day implied volatility is 29%.? 30-day implied volatility is trading above the 10-day historical volatility.
The Global X FTSE Greece 20 ETF (GREK) is an ETF made up of the top Greek equities.