Shares of the iShares MSCI Emerging Markets ETF (EEM) are up .43 to 41.17 today. EEM is in the middle of the 52 week range.
Today paper traded 57235 EEM May 41.5 calls for 1.03.? The ADV is 415k contracts.? The OI is 7639 contracts.
The volume went up in 1 giant block.? However, 23379 calls went up marked as sale for 1.02 concurrently.? The trades where marked as spread so this could be another trade to help the original volume going up.? On balance the calls are a straight opening buy, so the trader is looking for the trend in EEM to continue.
30-day implied volatility is 20%.?? 10-day implied volatility is 16%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).