The iShares MSCI South Korea (EWY) was trading up .14 to 61.66 this morning. EWY is trading just off of its one year highs of 62.70.
A large EWY Jan 60/63 call spread and Jan 54 put traded 2,000 times for 2.29 over .59 and .08 for the puts all marked as a spread.?? Average contract volume is over 3,168 contracts per day in EWY.? Open Interest is over 3,000 contracts for the calls and 10,000 for the puts.? The implied volatility in Jan is up .5 points today. The trade looks to be selling the call spread against buying the puts for a close after the run in EWY.? No stock printed at the time.
30-day implied volatility is 18%.?? 10-day implied volatility is 8%.? 30-day implied volatility is trading well over the 10-day historical volatility. ?
iShares MSCI South Korea Index Fund (EWY) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the South Korean market, as measured by the MSCI Korea Index.