Market Overview

Dan Nathan Sees Unusual Options Activity In iShares Russell 2000 Index


On CNBC's "Options Action", Dan Nathan spoke about an unusually high options activity in iShares Russell 2000 Index (NYSE: IWM). He noticed a big put options activity as put volume in the name was 1.5 times that of calls.

When the stock was trading at $142, a trader bought 7,500 contracts of the May 135 puts for $4.50. The trade breaks even at $130.50 or 8.68 percent below the closing price on Wednesday. Nathan explained that this could be an outright bearish bet, but it could also be a hedge for a portfolio of small-cap stocks.

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


Related Articles (IWM)

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

Mark Sebastian's Financial Select Sector SPDR Fund Trade

56 Biggest Movers From Yesterday