Shares of iShares MSCI EAFE Index (EFA) are down .20 to 64.91 today. EFA is in the middle of the 52 week range.
Today paper traded 10000 EFA Jun 36 puts for .04.? ADV is 58785 contracts.? The OI is 0 contracts.
The volume went up in one block lifting the offer.? The opening put trade looks like some sort of hedge against another put sale or a bet in a big collapse in the EFA.? This trade would need a 20% drop in the markets to start making substantial money.
30-day implied volatility is 14%.?? 10-day implied volatility is 21%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund?s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index).