Market Overview

Dan Nathan Sees Unusual Options Activity In EEM

Share:

On CNBC's "Options Action", Dan Nathan spoke about an unusual options activity in iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM). He said the put options volume was pretty high on Wednesday. Puts outnumbered calls 2 to 1.

There was a bullish trade that caught Nathan's attention when the stock was trading at $45.60. A trader bought 13,000 contracts of the June 47 calls for 32 cents. The trade breaks even at $47.32 or 3.52 percent above the current stock price. Nathan added that the stock is trading close to its important support levels.

Posted-In: CNBC Dan Nathan Options ActionOptions Markets Media ETFs

 

Related Articles (EEM)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Jim Cramer Shares His Thoughts On Procter & Gamble, Citigroup, Fitbit And More

Jim Cramer Weighs In On Cronos Group And GameStop