Learn the trade here. Make it on tradeMONSTER

Options Trading News

November 16, 2012  Fri 11:04 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
The biggest option action of the day so far is a single trade in the iShares Emerging Markets Fund.

A trader sold a block of 99,999 November 40.50 puts for the bid price of $0.42 against open interest of more than 137,000 contracts, according to optionMONSTER's Depth Charge system. Seconds later he or she bought 99,999 Weekly 40 puts for the ask price of $0.62.

Those weekly puts are new contracts introduced in the EEM and nine other underlying assets this week, which now have a full month of consecutive weekly options to trade. The EEM is now fourth on today's top-volume list, now with 373,000 options traded.

This is clearly a roll as the regular monthly November options expire today. The trader wants to continue having downside exposure, which may well be a hedge against a long position. (See our Education section)
 
The EEM off a penny at $40.28 in early afternoon trading. While the exchange-traded fund has followed the U.S. markets lower, it is just back to where it was at the beginning of September. The EEM was up at resistance at $42 two weeks ago.
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.

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