Shares of WisdomTree India Earnings (EPI) are up .16 to 16.87 today.? EPI is in the middle of the 52-week range.
Today paper traded 45824 EPI Apr 17/Jun 17 puts spreads for .48.? ADV is 3350 contracts.? The OI is 13000 and 100 contracts.
The volume went up in several large blocks to get to the 45k.? The simple time spread is a bet that EPI is not going to do much between now and Apr expiration.? The trade looked like it moved the IV 1.47 to 28.37 in Jun.
30-day implied volatility is 23%. ??10-day implied volatility is 16%.? 30-day implied volatility is trading above the 10-day historical volatility.
WisdomTree India Earnings Fund (The Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index.