iShares FTSE China 25 Index Fund (FXI) $32.89 -3.09%
iShares China Fund (FXI) is down $1 to $32.94 following disappointing Chinese PMI data and recent trades on the ETF include 108,000 Jul 32 puts traded for 60 cents electronically on CBOE. The market was 58 to 61 cents and the hefty trade will create the largest block of OI in the product. July 32 puts on FXI are 2.9 percent OTM with a -.34 delta and expiring four weeks from tomorrow. Implied volatility in the options on the ETF is moving up 8 percent to 26.5, but still well below the levels around 33 seen at the beginning of June.
Category: All ETFs
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

