Shares of iShares Japan fund (EWJ) are down .17 to 10.91 today.? EWJ is trading in the middle of the 52 week range.
Today paper traded 50000 EWJ Mar 11 puts at .10.? The ADV is 38002 contracts.? The OI is over 180k contracts.
The volume went up in two big blocks.? The seller looks like closing paper as EWJ just crept below the $11 handle today. There could be a lot more of these to go which might slow down the pace of the EWJ decline.
30-day implied volatility is 18%.?? 10-day implied volatility is 17%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Shares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund.?