Shares of iShares MSCI Taiwan Index (EWT) are up .23 to 13.51 today.? EWT is in the middle of the 52-week range.
Today paper traded 11707 EWT Mar 14 calls and Mar 13 puts for .37.? ADV is 2183 contracts.? The OI is 387 in the calls and 3216 in the puts.
The volume went up in two large blocks both lifting the offer at the time.? The trade looks like a long strangle and is betting on some moves to the 1 year high or low between now and March expiration.? The volume did not move the IV up.
30-day implied volatility is 20%.?? 10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.
Ishares MSCI Taiwan Index Fund, formerly iShares MSCI Taiwan ETF, (the Fund), is an exchange-traded fund.?