Learn the trade here. Make it on tradeMONSTER

Options Trading News

February 5, 2013  Tue 2:45 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
A large trader is apparently expecting a sharp move in iShares Emerging Markets Fund.

optionMONSTER's Depth Charge system shows that a trader bought 8,500 September 36 puts for $0.65 yesterday. This clearly a new purchase, as the volume was more than 9 times higher than the strike's open interest of 908 contracts before the session began.  

A minute later 119,000 shares of EEM were bought for $44.05. Combined with the puts, this creates a so-called delta-neutral strategy that is betting on higher volatility. This means that the trader is looking for a big move either up or down in the exchange-traded fund. (See our Education section)

The EEM fell 1.31 percent to $43.92 yesterday, its second-lowest close so far this year. It hit a 52-week high of $45.33 on the first day of 2013 but has been slowly losing ground since.
Share this article with your friends


Related Stories

EEM

Midday index, ETF option volumes

October 29, 2014

Total option volume is a bit above average at 6 million so far, with mixed action in the major indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

October 28, 2014

Total option volume has picked back up at 5.8 million so far today, with relatively bullish sentiment in the big indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

October 17, 2014

Total option volume has come down but is still running strong at 7.7 million so far today, with the big indexes and ETFs leading the way, optionMONSTER data systems show.

EEM

Midday index, ETF option volumes

October 16, 2014

Total option volume remains robust at 8.6 million contracts so far today, topped by the major indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

October 15, 2014

Total option volume is again very strong, closing in on 10 million contracts already today, dominated by the major indexes and ETFs, according to optionMONSTER data systems.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinar Series

The 100K Challenge

Education & Strategy

Anatomy of a butterfly

One of the many esoterically named option strategies is known as a "butterfly." But don't be fooled: Like other advanced...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER