Mike Khouw Sees Unusual Options Activity In iShares MSCI Germany Index Fund

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CNBC Options Action's
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.
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Posted In: CNBCOptionsMarketsMediaMike KhouwOptions Action
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