The iShares MSCI Australia Index Fund (EWA) was trading at 21.48 yesterday when paper traded a Jan 2018 21 combo.
The iShares MSCI Australia Index Fund (EWA) was trading at 21.48 yesterday when paper traded a Jan 2018 21 combo. The details are:
- Sold 8000 Jan 21 Puts for $1.30
- Trading 8000 Jan 21 Calls for $1.13.
- The latter trade was executed near the offer, indicating a probable purchase. If so then the customer created a sizable long synthetic stock position in EWA with this trade.
Readers should investigate the underlying stock to look for an offsetting sale in shares of EWA. ?
iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly. The Fund?s investment advisor is BlackRock Fund Advisors.