Learn the trade here. Make it on tradeMONSTER

Options Trading News

October 23, 2012  Tue 2:14 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
The iShares Emerging Markets Fund rose yesterday, but a long-term strategy is bearish.

The EEM closed at $41.90, up 0.96 percent but not quite matching its morning highs. Shares of the exchange-traded fund are in the middle of their range of the last five weeks.

A trader bought 10,000 September 2013 28.50 puts for $2.88 and sold 10,000 September 2013 45.50 calls for the bid price $1.96, according to optionMONSTER's systems. Open interest at the two strikes was 53 and 1 respectively, so this is a new combination trade.

The bearish position cost $0.92 to open, which would be lost if the EEM remains between the two strikes, with further risk above $45.50. This could also be a collar on long shares, protecting against a possible move lower. (See our Education section)

The option volume topped 217,000 contracts, essentially split between calls and puts. That compares to the daily average of 111,000.
Share this article with your friends


Related Stories

EEM

Midday index, ETF option volumes

August 20, 2014

Total option volume is running light at 4.1 million so far today, led by the usual indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

August 19, 2014

Total option volume is again running about average at 5.1 million so far today, with mixed action in the primary indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

August 18, 2014

Total option volume is running right around average at 5.2 million so far today, with mixed action in the big indexes and ETFs, optionMONSTER data systems show.

EEM

Midday index, ETF option volumes

July 31, 2014

Total option volume is heavy with today's market selloff as more than 8.2 million contracts have traded so far, and hedging appears to the main activity in the big indexes and ETFs.

EEM

Midday index, ETF option volumes

July 30, 2014

Total option volume has picked up at 6 million contracts so far today, with some interesting action in the big indexes and ETFs, according to optionMONSTER data systems.

Premium Services

Education & Strategy

Repairing losers with ratio spreads

Last week we mentioned the "stock repair strategy." This week is a good time to follow up, given the action...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER