Shares of iShares MSCI Australia Index ETF (EWA) are down .25 to 26.19 today.? ?EWA is trading near the 52 week high.
Today paper traded 2380 EWA Jul 27 calls for .10. The ADV is 776. ?The OI is 608 contracts.
The volume went up in one block.? Volume on this strike is over 6100 contracts with many calls trading for .05.? A large buyer was working a .10 bid with a top and getting some calls for .05.? The calls are still offered a .1 so the buyer will have to use the cycle looking for a big lift in EWA.
?30-day implied volatility is 11%.?? 10-day implied volatility is 8%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF).?