Learn the trade here. Make it on tradeMONSTER

Options Trading News

December 10, 2012  Mon 2:14 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
The iShares Emerging Markets Fund attracted a large call trade on Friday as the ETF saw its highest close since early April.

optionMONSTER systems show that 15,000 December 43 calls were sold for the bid price of $0.33 against open interest of more than 94,000. Seconds later, 15,000 March 43 calls were bought for the ask of $1.53 in volume that was above the open interest at that strike.

The trader could be setting up a long calendar spread, which would be designed to profit if the EEM is right around $43 at the December expiration. This could also be a roll with just two weeks left before the December expiration, selling the long calls in that expiration and opening a long-term position for more time to profit. (See our Education section)

The EEM closed at $42.79 on Friday, up 0.3 percent on the day. The exchange-traded fund bounced off support at $40 three weeks ago.
Share this article with your friends


Related Stories

EEM

Bulls rush into emerging markets

July 23, 2014

Several bullish option trades dominated heavy volume in the iShares Emerging Markets Fund yesterday, including long calls, short puts, and a large butterfly spread.

EEM

Midday index, ETF option volumes

July 22, 2014

Total option volume is running light at 4.6 million so far today, with relatively bullish action in the major indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

July 21, 2014

Total option volume is surprisingly below average at 5.1 million so far today, though action in the big indexes and ETFs suggests hedging and other downside positioning.

EEM

Midday index, ETF option volumes

July 18, 2014

Total option volume is strong at 6.5 million so far today, with bearish sentiment showing in the big indexes and ETFs, according to optionMONSTER data systems.

EEM

Another large put spread hits EEM

July 17, 2014

The iShares Emerging Markets Fund reached a 52-week high yesterday, but it drew a large put spread for the second session in a row.

Premium Services

Free Webinars

Education & Strategy

How to navigate earnings season

We are embarking on one of the most frustrating times for new option traders: earnings season.Many new traders buy options,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER