Shares of iShares MSCI Taiwan Index (EWT) are down .47 to 15.69 today. ?EWT is near the upper end of the 52 week range.
Today paper traded 31922 EWT Aug 16 puts for .28-.38.? The ADV is 2684 contracts. The OI is 65844 contracts.
The volume went up in several large blocks.? There is substantial OI on this strike and the trader looks like they are taking the market swoon to reduce with two weeks to go before expiration.? UA activity covered the entry on 07/08 and this trader is looking at 50% gains on much of the position.
30-day implied volatility is 13.86%.?? 10-day implied volatility is 15%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
iShares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan Index (the Index).