25000 EWG Oct 25/25.5 put spreads went up in 2 blocks on the AMEX

EWG

Shares of ishares MSCI Germany ETF (EWG) are down .41 to 26.03. EWG near the higher end of the 52-week range.

  • Paper traded 25000 EWG Oct 25/25.5 put spreads for .10.?
  • The ADV is 3893 contracts.?
  • The OI is over 40000 on the 25s and less than 200 on the 25.5s.

The volume went up in 2 blocks on the AMEX marked spread.? As priced the trader is closing some of the open 25s and rolling to a short put closer to the money.??? The net gain on the roll is .10 which is not much considering.

  • IV 30 is trading for 18%.?
  • HV10 is trading for 18%.?
  • IV 30 is trading at the HV 10.

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund (the Fund), is an exchange-traded 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 German market, as measured by the MSCI Germany Index (the Index).