Is iShares MSCI Brazil Index (ETF)’s Fuel For Real? The Stock Was Bought By Option Traders

 Is iShares MSCI Brazil Index (ETF)'s Fuel For Real? The Stock Was Bought By Option Traders

In today’s session iShares MSCI Brazil Index (ETF) (EWZ) registered an unusually high (28,075) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious EWZ increase. With 28,075 contracts traded and 43914 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: EWZ180119C00034000 closed last at: $4.1 or 3.5% down. iShares MSCI Brazil Index (ETF) (NYSEARCA:EWZ) has risen 19.52% since April 25, 2016 and is uptrending. It has outperformed by 13.51% the S&P500.

iShares MSCI Brazil Capped Index Fund , formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index). The ETF has a market cap of $3.89 billion. The Index seeks to measure the performance of the Brazilian equity market. It currently has negative earnings. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.

EWZ Company Profile

iShares MSCI Brazil 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 Brazilian market, as measured by the MSCI Brazil Index (the Index). The Index seeks to measure the performance of the Brazilian 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 notable recent iShares MSCI Brazil Index (ETF) (NYSEARCA:EWZ) news were published by: Investorplace.com which released: “iShares MSCI Brazil Index (ETF) (EWZ): This Rally Isn’t All That Crazy” on March 18, 2016, also Etfdailynews.com with their article: “Brazil’s Massive Stock Rally Will Probably End Soon” published on August 04, 2016, Etfdailynews.com published: “BlackRock Sees Enormous Risk in Brazil Indexes Right Now” on August 10, 2016. More interesting news about iShares MSCI Brazil Index (ETF) (NYSEARCA:EWZ) were released by: Etfdailynews.com and their article: “IMF Says Brazil Needs Major Reforms Now, or Recession Will Continue” published on September 30, 2016 as well as Etfdailynews.com‘s news article titled: “Investors Are Hedging Their Bets on This Brazil ETF” with publication date: August 23, 2016.

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