Shares of the iShares MSCI Japan ETF (EWJ) are down .07 to 11.05 today. ?EWJ is in the middle of the 52 week range.
Today paper traded 46000+ EWJ Jun 11 calls for .33. The ADV is 32194 contracts. The OI is 255k contracts.
The paper went up in giant blocks. Trade is still brisk on the strike with 9000 more contracts traded most on the buy side.? The calls are probably short covering at the strike since the EWJ is at near term lows.? We covered this earlier on 04/09 with the client looking like a roll down.? The roll price is roughly in the same place if the client is looking to add more.? IV is up .75 in Jun.
30-day implied volatility is 17.75%.? ?10-day implied volatility is 21%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund.?