8000 FXI Sep 39 calls went up in 1 block on the PHLX marked buy write.?

FXI

Shares of iShares FTSE / China ETF (FXI) are up .31 to 38.96 today.? FXI is in the middle of 52 week range.

  • Paper traded 8000 FXI Sep 39 calls for .43.?
  • The ADV is 81k contracts.? ?
  • The open interest is 75k contracts.

The volume went up in 1 block on the PHLX marked buy write.? Massive call buying in Oct as well.? The Sep could be a delta neutral close since the underlying ran right to the strike but the 100k contracts in Oct look option buying.? Traders are looking for a move in FXI.

  • IV 30 is trading for 20%.?
  • HV10 is trading for 15%.?
  • IV 30 is above the HV 10.

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index