Learn the trade here. Make it on tradeMONSTER

Options Trading News

May 29, 2013  Wed 9:23 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
An enormous call sale dominates today's option trading in the iShares Emerging Markets Fund as it falls to last week's lows.

optionMONSTER systems show that a trader sold 30,000 December 46 calls in a single print for the bid price of $0.74. This is a new position, as the volume was higher than the strike's previous open interest.

The options could have been sold naked with an initial bearish bias, or they could have been traded against long shares of the EEM or its underlying stocks. The latter would be bullish up to the strike price, but not beyond. Either scenario sees limited upside in the exchange-traded fund through the rest of the year. (See our Education section)

The EEM is down 0.73 percent this morning to $42.19, below its closing levels from last week. Shares were above $44 at the start of the month but were above $45 only briefly at their 52-week highs at the start of the year. 
Share this article with your friends


Related Stories

EEM

Midday index, ETF option volumes

September 22, 2014

Total option volume is running strong to start the week, already closing in on 7 million contracts near midday trading, with bearish action in the primary indexes and ETFs.

EEM

Midday index, ETF option volumes

September 19, 2014

Total option volume is again well above average at 6.7 million so far today, with mixed sentiment showing in the primary indexes ETFs, according to optionMONSTER's data systems.

EEM

Huge trade sees EEM holding firm

September 19, 2014

An enormous put sale is looking for shares of the iShares Emerging Markets Fund to hold firm through the end of next month.

EEM

Midday index, ETF option volumes

September 18, 2014

Total option volume is running above average at 6.1 million so far, with mixed action in the primary indexes and ETFs, according to optionMONSTER data systems.

EEM

Midday index, ETF option volumes

September 17, 2014

Total option volume is running right about average at 5.2 million contracts so far today, and optionMONSTER data systems show that the big indexes and ETFs are leading the action.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Swing Trading w/ Jon Najarian and Ron Ianieri

Education & Strategy

Make your rules, and stick by them!

New traders often act on the recommendations of others or on gut feel. But that is a quick way to...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER