Shares of the Global X FTSE Greece 20 ETF (GREK) are down .56 to 20.15.? GREK is in the middle of the 52 week range.

Today paper traded 9780 GREK May 20 puts at .10-.15.? The ADV is 437 contracts.? The OI is 10011 contracts.

The volume went up in 2 blocks.? The trader put them up .05 off of the bid on both blocks.? This was a long put holder closing to grab some value from the puts as GREK traded $20.? The puts are now offered at .05.

30-day implied volatility is 35%. ? 10-day implied volatility is 34%.? 30 day implied volatility is trading above 10 Day Historical volatility.

Global X FTSE Greece 20 ETF (GREK) tracks the major stocks in the Greek stock market.