What’s in iShares MSCI Turky Invstbl Mrkt Indx Fnd After Today’s Bearish Options Activity?

 What's in iShares MSCI Turky Invstbl Mrkt Indx Fnd After Today's Bearish Options Activity?

In today’s session iShares MSCI Turky Invstbl Mrkt Indx Fnd (TUR) recorded an unusually high (102) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the February, 2017 put, expecting serious TUR decrease. With 102 contracts traded and 2404 open interest for the Feb, 17 contract, it seems this is a quite bearish bet. The option with symbol: TUR170217P00030000 closed last at: $1.5 or 20% up. iShares MSCI Turky Invstbl Mrkt Indx Fnd (NYSEARCA:TUR) has declined 29.26% since April 26, 2016 and is downtrending. It has underperformed by 34.52% the S&P500.

iShares MSCI Turkey ETF , formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The company has a market cap of $381.11 million. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Turkey Investable Market Index (the Underlying Index). It currently has negative earnings. The Underlying Index is a free float-adjusted market capitalization index designed to measure equity market performance in Turkey.

More notable recent iShares MSCI Turky Invstbl Mrkt Indx Fnd (NYSEARCA:TUR) news were published by: Etfdailynews.com which released: “Avoid Investing In Turkey This Thanksgiving” on November 23, 2016, also Etfdailynews.com with their article: “Here’s Why the Turkish Markets Deserve a Second Look” published on September 26, 2016, Benzinga.com published: “An Important Sector Firms For Indonesia ETFs” on September 22, 2016. More interesting news about iShares MSCI Turky Invstbl Mrkt Indx Fnd (NYSEARCA:TUR) were released by: Benzinga.com and their article: “Risks and Rewards With Indonesia ETFs” published on April 04, 2016 as well as Benzinga.com‘s news article titled: “Another Murky Year Could Await Indonesia ETFs” with publication date: January 20, 2016.

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