iShares Small Cap Fund (IWM) is off a nickel to $82.07 and a 50000-lot of Dec Quarterly 75 puts trades on the ETF for 24 cents per contract when the market was 23 to 24 cents. Open interest is 87,860 and so it might close, or maybe the position is being initiated to help hedge a portfolio of small caps through year end. Dec quarterlies expire in 24 days; Monday, Dec 31, 2012.
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.