Shares of the iShares Russell 2000 Index (IWM) are trading down .39 today to $83.79?? IWM is trading $2 below highs of the year.
Paper traded and mostly bought the IWM Jan 80 puts early this morning for between .63-.72 on large volume.? The volume today is 36,000 contracts.? Average contract volume is over 443,000 contracts per day in the name.? Open Interest is over 159,000 contracts on the Jan 80 put strike.? The implied volatility is up today 1.8 (9.9%) points suggesting paper is mostly buying options. Volume was very heavy on Friday in these options where the prices on these puts ranged from .60 to .90.
30-day implied volatility is 19.75%.?? 10-day implied volatility is 12%.? 30-day implied volatility is trading over the 10 day historical volatility.
iShares Russell 2000 Index Fund (IWM) seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index.