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Emerging markets face bearish trade
December 10, 2009 Thu 11:29 AM CT

One big investor is betting against emerging-market stocks, which are losing momentum after months of outperformance.

optionMONSTER's Depth Charge tracking program detected the purchase of about 43,000 June 38 puts on the iShares MSCI Emerging Markets Index (EEM) exchange-traded fund for $2.95. At roughly the same time, an equal number of June 28 puts were sold for $0.65, resulting...


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