Short-term put buyer in the Market Vectors Russia ETF. Shares are off 22 cents to $26.37 and one player bought 7,500 Jul 25.5 puts on RSX for a dime and bought 7,060 Jul 26 puts for 20 cents. Both legs are opening and the flow seems to be expressing concerns about additional weakness in Russia’s [...]
Interesting action in the SPY Weeklys. The ETF is down .5% to $194.62 and sweep buyers are apparently paying prices ranging from 10 to 14 cents for Weekly (6/27) 196 calls that expire after tomorrow. More than 120K traded against 106K in open interest. Today’s flow appears to add to positions opened Wednesday when 111K [...]
Second day of interest in Market Vectors Russia ETF. 11,394 Aug 25 puts were opened on RSX yesterday. Shares are down 37 cents to $26.46 this morning and a 10000-lot of Jul 25 puts trades for 20 cents when the bid-ask was 15 to 20 cents. Like yesterday, it looks like buyers are opening bearish [...]
Market Vectors Semi ETF sees a sizable spread. Shares are up 22 cents to $49.10 and a buyer is paying 61 cents for the Aug 45 – 48 put spread on SMH, 20000X. The opening position is possibly a type of hedging strategy against a bigger portfolio. The best payoff happens if shares fall to [...]
Market Vectors Russia Fund sees bearish flow. The ETF is off 34 cents to $26.92 and a 5000-lot of Aug 25 puts on RSX trades for 40 cents per contract on ISE. It’s an opening customer buyer, according to ISEE data. More than 10,000 now traded against 1,209 in open interest. Shares are up nearly [...]
Interesting action in SPYder Weeklys this afternoon. Shares are down $1.11 to $194.76 after the S&P moved off record highs through midday and Weekly (6/27) 195 puts on SPY are seeing a second day of interest. Players were active in the contract Monday morning (see 6/23 color) and yesterday’s activity created 44,475 contracts at that [...]
It’s EX-DIV. Nothing too exciting, but more than 407,000 June 11 calls have traded on the ETF. Recent trades have been on the offer for $1.12. Open interest is 250,7884 contracts and today appears to be repeat buying. If so, 407,000 contracts at a VWAP of $1.128 is nearly $46 million premium.
Dow Jones Real Estate Fund draws a big print. The ETF is up 22 cents to $71.86 and a 20000-lot of Jul 70 puts on the ETF is being bought-to-open for 25 cents per contract. It’s tied to 400K shares for $71.66 and seems to be exresing the view that the REIT sector might see [...]
Alerian MLP attracts opening put activity. Shares are up 15 cents to $18.70 and 4,010 Aug 18s trade for an average of 17.5 cents when the bid-ask was 5 to 20 cents. 5,005 changed hands total against 0 open interest. It might be replacing some of the 10,606 Jun 18 puts that expired Friday.
SPYder Weeklys puts see early action. The ETF is off 7 cents to $195.87 on another quiet open for the S&P. Weekly (6/27) 195 puts were being swept for 43 and 45 cents. More than 6,000 traded. QQQ Weekly (6/27) 92.5 puts are also drawing interest. 5,069 traded. Early interest in 6/27 downside puts in [...]