Big increase in open interest in the options on the Brazil ETF. Mar 27.5 – 30 call spreads were opened 80000X. Meanwhile, the top trade on the ETF yesterday was a Jun 25 – 30 – 35 call butterfly spread for 77c, 58000X. The investor was selling 116K Jun 30 calls for the body of [...]
Puts on the iShares Long-term Bond Fund outpace calls more than 3:1. Shares are up $1.30 to $124.13 as equities falter in afternoon trading Wednesday. On the options front, a 9K block of Dec 113 puts on the bond fund trade for 31c on ISE. A customer is buying-to-open, according to ISEE data. Separately, the [...]
Biggest options block traded so far this week is in the US Oil Fund. Shares are off 26c to $14.47 and 86K Jan 21 calls on the ETF traded midday today for 6.5c per contract. It likely closes one leg of Jan 20 – 21 call spreads opened earlier this month, including 50K for 9c [...]
Second day of increased put activity in the High Yield Bond Fund. The top options trade in the product yesterday was a 10K block of Nov 85 puts for 72c per contract. 11K were opened at that line. 15K Dec 82 puts and 9.2K Nov 83 puts also opened yesterday. Total open interest in puts [...]
Big spread in the Brazil Fund trades electronically on CBOE to open the largest open interest in the product. Shares are off 27c to $22.92 and the Mar 27.5 – 30.5 call spread on the ETF trades for 40c, 80000X, when the market was 31 to 51c. Direction is unclear, but the spread is possibly [...]
Sizable afternoon print in the Market Vectors Semiconductor Fund. Shares are off 16c to $53.71 and 31K Nov 51 puts on the ETF are bought for 63c per contract. The activity likely hedges a portfolio of tech names heading into the meat of the third quarter earnings reporting period.
Put spread in the Regional Banking Fund rolls a defensive position. Shares are up 50c to $42.15 and the Dec – Mar 40 put spread on the ETF is bought for 92c, 17500X. The flow likely rolls a block of Dec 40 puts at 70c today, which were opened in July and included a buyer [...]
Notable block in iShares China ETF appears to add to open interest in Dec 37 puts. Initiator bought 16K Dec 37 puts for 92c on the CBOE early in the day as the underlying traded $39.26. 46K open at the strike, much of which was bought on Oct 13th when a buyer rolled Oct 38 [...]
Deep out-of-the-money call write in the iShares Japan Fund. Shares are off 8c to $12.13 and 12.4K Nov 13 calls on the ETF are sold-to-open at 3c per contract. Shares are up 6.2% month-to-date and 13 strike calls are 7.1% out-of-the-money.
Opening action in Oct 30th puts on the interest rate-sensitive iShares US Real Estate Fund. Shares are up 50c to $75.56 and the 74 – 75.5, 2X1, put spread on the ETF is bought for 24c, 10000X. The opening position offers a max payout if shares fall 2.1% to $74 through the end of next [...]