Could iShares MSCI Japan ETF Increase After Today’s Tip From Option Traders?

 Could iShares MSCI Japan ETF Increase After Today's Tip From Option Traders?

In today’s session iShares MSCI Japan ETF (EWJ) recorded an unusually high (5,001) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious EWJ decrease. With 5,001 contracts traded and 334 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: EWJ170120P00049000 closed last at: $1.41 or 10.2% up. iShares MSCI Japan ETF (NYSEARCA:EWJ) has risen 4.65% since April 13, 2016 and is uptrending. It has outperformed by 0.72% the S&P500.

iShares MSCI Japan ETF , formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The ETF has a market cap of $14.42 billion. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). It has a 36.56 P/E ratio. The Index consists of stocks traded primarily on the Tokyo Stock Exchange.

EWJ Company Profile

iShares MSCI Japan 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 Japanese market, as measured by the MSCI Japan Index (the Index). The Index seeks to measure the performance of the Japanese equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly.

More important recent iShares MSCI Japan ETF (NYSEARCA:EWJ) news were published by: Etftrends.com which released: “Look to Currency Hedged Japan ETFs as Economy Expands, Yen Plunges” on November 14, 2016, also Etfdailynews.com published article titled: “Inside Japan’s Economic “Twilight Zone””, Etfdailynews.com published: “Japanese ETF Surges as Bank of Japan Leaves Rates Unchanged, but Ups ETF Buying” on September 21, 2016. More interesting news about iShares MSCI Japan ETF (NYSEARCA:EWJ) was released by: Etfdailynews.com and their article: “Bank Of Japan Kicks the Can With No Policy Change” with publication date: November 01, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment