On August 16th we positioned for a pullback in emerging market stocks after its 36% rally from its 2016 lows. Our thought process at the time was to sell near term puts in order to …
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In a market that had a decidedly risk-off feel today, there was some large apparently directional options trading that might have fit that theme: GDX: the etf that tracks gold miners saw heavy call volume, 2x average daily volume …
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The other day we updated a position in the emerging market etf EEM. I got a good question in our QnA section on that roll as far as why we did it and why we …
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On August 16th we initiated a bearish position in EEM, the emerging markets etf. The trade we landed on looked to fade the lack of volatility into Labor Day weekend in order to finance November …
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In an earlier post I stated that “I am not an economist, so I’ll save you the mumbo jumbo“. Well, I am also not a technician, but I like looking at charts. One of the …
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Yesterday, Zerohedge made an interesting observation (via Bank Of America Merrill Lynch) of the decoupling taking place between emerging market stocks and the S&P 500 (SPX). That was also the case prior to the two sharp …
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Here were a few decent size long premium directional options trades in index ETFs that caught my eye in today’s trading: EEM – there were a couple bullish longer dated trades in the emerging market etf. …
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Aside from the insanity in left for dead, highly levered energy, materials and mining related stocks, emerging market equities were the big winners of the recent bounce in oil, stabilization in high yield credit and the range …
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The emerging market etf, EEM takes the prize for the single largest options trade in the market today. When EEM was trading $30.50, there was a buyer of 215,000 of the March 33 calls, paying …
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To state the obvious, downward volatility in Chinese stocks and their currency is at the core of of the S&P 500’s (SPX) year to date decline of 5%. And related to that, for most days this week …
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