Learn the trade here. Make it on tradeMONSTER

Options Trading News

December 6, 2012  Thu 11:09 AM CT

EEM: SEE CHART GET CHAIN FIND STRATEGIES
Traders are selling puts in iShares Emerging Markets Fund as it continues to move higher.

There is considerable options action in the EEM this morning, but most of the volume is below open interest and could be opening or closing transactions. One trade that does stand out is the December 42.50 puts, the regular monthly options that expire in two weeks.

A trader sold 9,000 of those contracts for the bid price of $0.72 in volume was almost twice the open interest at the strike and therefore a new position, according to optionMONSTER's scanners. The put seller is betting that the EEM will remain above the $42.50 strike price in the coming weeks. (See our Education section)

Yesterday we noted a large purchase of a February put spread, so it appears that big traders are looking for the EEM to hold up in the next few weeks but possibly get hit by the so-called fiscal cliff into the beginning of 2013.

The EEM is up 0.47 percent to trade at $42.54. The exchange-traded fund is within yesterday's range but today is on pace for the highest close since mid-April.
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