Shares of the Market Vectors Russia ETF (RSX) are down 1.84 to 22.59.? RSX is making a 52-week low.
Today paper traded 19000 RSX Mar 21 puts at .40.? ADV is 4213 contracts.? The OI is 1 contract.
The volume went in two blocks hitting the bid.? There was not open interest in this strike prior to the sale and it looks like a trader is fading the move down in the Russian ETF.? The trade was early as IV has spiked and the puts are .50 as of this writing.? IV30 is up 22 points to 52.20.
30-day implied volatility is 52%.? ?10-day implied volatility is 21%.? 30-day implied volatility is trading above the 10-day historical
Market Vectors Russia ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the DAXglobal Russia+ Index (DXRPUS).?