The iShares Russell 2000 index ETF (IWM) is up .43 to 89.? IWM is trading on a 52-week high.
On Friday, paper traded a large put spread in the IWM Feb 85/88 strikes for .36 over 1.03 15,000 times.? Open interest is over 60,000 on both strikes.? Average volume per day in IWM is 490,000 contracts per day.? The implied volatility is up slightly in the Feb options. The trade looks to be buying the put spread but it traded in the middle of the market with the 85 strike marked on the bid.
30-day implied volatility is 14%.? ?10-day implied volatility is 6%.? 30-day implied volatility is trading over the 10 day historical volatility.?
Russell 2000 Index Fund (IWM) seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.