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

April 24, 2014

Total option volume is strong at 6.3 million contracts so far today, with mixed sentiment in the big indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

April 23, 2014

Total option volume is running well below average at just 4.3 million contracts so far, with most of the action in the big indexes and ETFs, optionMONSTER data systems show.

EEM

Midday index, ETF option volumes

April 22, 2014

Total option volume is running a bit below average at 5.1 million contracts so far today, led by the usual indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

April 17, 2014

Total option volume is strong at more than 8 million contracts so far today, with some bullish sentiment showing in the big indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

April 16, 2014

Total option volume is running slightly above average at 6.3 million contracts so far today, led by the usual indexes and ETFs, according to optionMONSTER data systems.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Options and high-frequency trading

There has been much talk lately of high-frequency trading (HFT) and what it does--or doesn't--mean to the markets and retail...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER