The iShares Dow Jones US Real Estate (IYR) ETF is up .22 to 69.39.? The shares are trading at a 52-week high.
Today paper traded 75,000 IYR Apr 69 puts through the standing bid for .47.? Average volume is 35,000 contracts per day in the name.? Open interest is 8,900 contracts.
The puts were filled through the bid which would indicate a selling customer.? The Apr IV is down only.1 points.? If a seller this is very bullish paper on a low volatility name.
30-day implied volatility is 9%.? 10-day implied volatility is 7%.? 30-day implied volatility is trading above the 10-day historical volatility.
iShares Dow Jones U.S. Real Estate Index Fund (the Fund) is a non-diversified fund.