5000 EWA Jan 15 puts and 23 calls went up in 2 blocks on the PHLX marked buy-write.?
Shares of the iShares MSCI Australia Index ETF (EWA) are down .74 to 17.89. ?EWA is near the lower end of the 52 week range.
- Paper traded 5000 EWA Jan 15 puts and 23 calls for .45 and .10.
- ?The ADV is 1888 contracts.?
- The OI is 5482 and 107 contracts.
The volume went up in 2 blocks on the PHLX marked buy write.? 85000 shares printed with the combination.? The puts could be a? close and the trader is buying the Jan 23 calls and shorting stock.? They might want a more bearish posture but the key is if the Jan 2016 15 puts are a close so check the OI on these tomorrow.? The combo plus the stock is roughly delta neutral so if all sides where opening the trader is betting on a slide to 15 with upside protection in the 23s.
- IV 30 is trading for 37%.?
- HV10 is trading for 60%.?
- IV 30 is trading below the HV 10.
Shares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index).