iShares Taiwan Fund (EWT) is off 11 cents to $13.61 and a Jan 12 – 14 bearish risk-reversal trades on the stock at a nickel, 30000X on ISE. Data indicate calls were sold to buy puts, to open, for a customer account. Looks tied to 1 million shares for $13.71 and seems to reflect expecations for a possible drop in shares over the next 15 days.
Category: All ETFs
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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.