20000 DXJ Oct 56/58 call spreads went up in 2 blocks on the PHLX
Shares of the Wisdom Tree Japan Total Dividend Fund (DXJ) are up .79 to 50.10. ?DXJ is near the middle of the 52 week range.
- Paper traded 20000 DXJ Oct 56/58 call spreads at .22. ?
- The ADV is 16k contracts.?
- The OI is less than 100 contracts.
The volume went up in 2 blocks on the PHLX marked spread.? This trade as priced looks like a call sale with the trader betting there is no more upside left in the DXJ until Oct expiration.
- IV 30 is trading for 34%.?
- HV10 is trading for 61%.?
- IV 30 is trading below the HV 10.
WisdomTree Japan Hedged Equity Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index (the Index). The Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the United States dollar. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.