Call buyer bets on the buck. The Bullish Dollar ETF is up 3 cents and it looks like a 20000-lot of Feb 22 calls is bought on UUP for 7 cents per contract, to open.
Big Print in the Small Cap fund. IWM is off 60 cents to $112.50 and the investor sold the Mar 105 – 113 (2X1) put ratio spread on the ETF at $1 even, 100000X. It might close and exit a position accumulated at various times this month, including 50000 of the same 1X2s on 1/16 [...]
Silver ETF sees large call buyer. Customer on the PHLX paid 28cents for 20,000 Feb 19 calls tied to a delta hedge of 620K shares at 18.47. Opens a new position struck 2.9% above spot and expiring in 23 days.
The largest options trade across the exchanges today is in the emerging markets ETF. In contrast to the bearish flow seen in EEM throughout much of the week, the big print is a buyer of 32000 Weekly (2/14) 40 calls on the exchange-traded fund for 18 cents per contract. More than 37,000 now traded against [...]
Options action heats up in the US Natural Gas Fund. The ETF is down 4.5% to $25.53 after a seven-day 29.6% surge sent the ETF to two-year highs. Cold temps in the Midwest and Northeast this winter have fueled big gains in the commodity. On the options front, one player bought 10,000 Feb 28 calls [...]
Put buyer targets the Russia ETF. Shares are up 11 cents to $25.35 and a 22000-lot of Mar 23 puts is bought on RSX for 30 cents per contract. It will create the largest block of open interest in the product and seems to be expressing concerns about the 7-week outlook for Russia’s equity markets. [...]
High put volume continues in the Emerging Markets Fund. The ETF is down 37 cents to $37.97 in active trading of 69 million shares and nearly 300K puts traded in the product. The top trades are part of a spread, in which the investor was selling 50,000 of the Jan 31 Weekly 37.5 puts at [...]
Big trade in the small cap ETF. IWM is up 94 cents to $112.75 and one player bought 50,000 Feb 118 – 119 call spreads on the fund for 10 cents, 50000X, and then bought another 25,000 for 10 cents. The activity is opening and seems rather ambitious. Feb 118 calls on the small cap [...]
China Fund sees opening put buying. The ETF is up 50 cents to $34.67 and a 22500-lot of Mar 28 puts is bought on FXI for 16 cents per contract. It’s opening and maybe a deep out-of-the-money hedge for fear of increasing volatility in China’s equity markets in the weeks ahead.
Possible repeat put spread buyer in the SPDR Financials. An investor bought-to-open the Apr 18 – 20 ps on the ETF for 26 cents, 100000X yesterday (see 1/27 color). Shares are up 28 cents to $21.25 today and an investor pays 21 cents for the same spread, 105000X. Two days of buying in the Apr [...]