9500 TUR Dec 44 calls went up in several blocks on the AMEX marked price variation.?

TUR

Shares of iShares MSCI Turkey ETF (TUR) are down 1.88 to 39.51.? TUR is near the middle of the 52 week range.

  • Paper traded 9500 TUR Dec 44 calls for .20-.25. ?
  • The ADV is 449.?
  • The OI is 9520 contracts.

The volume went up in several blocks on the AMEX marked price variation.? These blocks went up midmarket but now real stock was tied to the options.? There was substantial OI very near this volume so it is likely the trader took the selloff in TUR and closed some short calls.

  • IV 30 is trading for 35%.?
  • HV10 is trading for 14%.?
  • IV 30 is trading above the HV 10.

iShares MSCI Turkey ETF (the Fund), formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Turkey Investable Market Index (the Underlying Index).?