Loading...
Loading...
Mike Khouw spoke on the show Wednesday about unusually high options activity in
iShares MSCI Germany Index Fund (ETF)EWG.
The trading volume in call options was 40 times higher than the daily average call options volume. Institutional traders bought 44,000 of the April 30 call options for $0.35, betting that the stock is going to trade above $30.35 or approximately 10 percent higher at the April expiration.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in