This week’s options trade of the week video by Jay Soloff.
Here is an unusual options trade in emerging markets. More specifically, there was a lot of major bullish activity in iShares MSCI Emerging Markets ETF (EEM). EEM is one of the most popular ETFs, which serves as a popular emerging market component of long-term portfolios. Recently, substantial call action occurred in EEM, which suggests there are a lot of investors who think it is going higher through the end of the year. For example, a 10,000-lot of December at-the-money calls were purchased as well as a 15,000-lot of November out-of-the-money calls.
