Could iShares MSCI Emerging Markets Indx (ETF) Change Direction After Today’s Bearish Options Activity?

 Could iShares MSCI Emerging Markets Indx (ETF) Change Direction After Today's Bearish Options Activity?

In today’s session iShares MSCI Emerging Markets Indx (ETF) (EEM) recorded an unusually high (40,068) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious EEM decrease. With 40,068 contracts traded and 310254 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: EEM170120P00034500 closed last at: $1 or 17.6% up. iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) has risen 2.71% since April 25, 2016 and is uptrending. It has underperformed by 3.30% the S&P500.

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund , seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The ETF has a market cap of $26.36 billion. The Index is designed to measure equity market performance in the global emerging markets. It currently has negative earnings. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

EEM Company Profile

iShares MSCI Emerging Markets Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Index was developed by Morgan Stanley Capital International Inc. as an equity benchmark for emerging market stock performance. 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 notable recent iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) news were published by: Etfdailynews.com which released: “Emerging Markets Forecast for 2017: Performance Depends on U.S. Dollar” on November 21, 2016, also Etfdailynews.com with their article: “Emerging Markets ETFs Bracing for Larger Pullback?” published on October 12, 2016, Etfdailynews.com published: “BlackRock: Emerging Markets Looking Good, Despite Election Worries” on November 02, 2016. More interesting news about iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) were released by: Etfdailynews.com and their article: “BlackRock: Emerging Markets a Key to Better Returns” published on October 05, 2016 as well as Etfdailynews.com‘s news article titled: “Investors Are Fleeing From Emerging Markets And Gold Funds” with publication date: November 16, 2016.

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