Could iShares MSCI South Korea Index Fund(ETF) Increase After Today’s Tip From Option Traders?

 Could iShares MSCI South Korea Index Fund(ETF) Increase After Today's Tip From Option Traders?

In today’s session iShares MSCI South Korea Index Fund(ETF) (EWY) recorded an unusually high (682) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious EWY decrease. With 682 contracts traded and 87194 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: EWY161118P00055000 closed last at: $1.66 or 176.7% up. iShares MSCI South Korea Index Fund(ETF) (NYSEARCA:EWY) has risen 2.19% since April 11, 2016 and is uptrending. It has underperformed by 3.95% the S&P500.

iShares MSCI South Korea Capped ETF is an exchange-traded fund (ETF). The ETF has a market cap of $3.15 billion. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). It currently has negative earnings. The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange.

EWY Company Profile

iShares MSCI South Korea Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the South Korean market. The Fund’s performance is measured by the MSCI Korea Index (the Index).

More notable recent iShares MSCI South Korea Index Fund(ETF) (NYSEARCA:EWY) news were published by: Etfdailynews.com which released: “Samsung’s Plunge is Hitting Korean ETFs Hard” on September 15, 2016, also Seekingalpha.com with their article: “Emerging Markets: Investment In South Korea, A Market With Characteristics …” published on October 18, 2016, Marketwatch.com published: “iShares MSCI South Korea Capped ETF” on February 03, 2010. More interesting news about iShares MSCI South Korea Index Fund(ETF) (NYSEARCA:EWY) were released by: Benzinga.com and their article: “Direxion Rolls Out Leveraged Brazil, South Korea ETFs” published on April 10, 2013 as well as Benzinga.com‘s news article titled: “The South Korea ETF Myth” with publication date: July 10, 2013.

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