20000 EWZ Jun 21 puts went up in one block on the PHLX marked buy-write.?

EWZ

Shares of iShares MSCI Brazil Index (EWZ) are up 1.44 to 25.17 today.? EWZ is near the lower end of the 52 week range.

  • Paper traded 20000 EWZ Jun 21 puts for .91.?
  • The ADV is 110k contracts.?
  • The OI is 452 contracts.

The volume went up in one block on the PHLX marked buy-write.? The puts traded with 420000 shares of stock and appear to be a delta neural trade looking for some upside in EWZ or at the least a lot more movement to come in the cycle.

  • IV 30 is trading for 53%.?
  • HV10 is trading for 54%.?
  • IV 30 is trading below the HV 10.

Shares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index). The Index seeks to measure the performance of the Brazilian equity market