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

August 28, 2014

Total option volume has picked up a bit today but is still below average at 4.8 million contracts, with apparent hedging leading the way in the primary indexes and ETFs.

EEM

Bullish play on emerging markets

August 27, 2014

The iShares Emerging Markets Fund bounced off support at the start of the month but has been generally trending higher from a 52-week low set in early February.

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.

Premium Services

Education & Strategy

It's all skewed up

Most new option traders know little about implied volatility, and learn the hard way. Today we want to help you...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER