EEM Archives - Cboe Blogs

  • Mar 9, 2017, 5:37 PM

    CBOE RMC Presentation: Options Out of This Country

    CBOE RMC Presentation:  Options Out of This Country

    The Options Out of This Country session at CBOE RMC today focused on international indexes, the economics of dollar denominated ETF options, and FX equity correlations.  Rocky Fishman from Deutsche Bank, Ricardo Manrique from MSCI, and Yoav Sharon from Driehaus Capital Management split presentation duties for this discussion.  Manrique kicked things off discussing the growth of international markets.  One interesting statistic noted that in 1988 emerging markets represented 1% of[...]

  • Trader Talk | Trade Ideas | Mar 3, 2017, 9:47 AM

    Block Trade Analysis - Huge Bullish EEM Spread Trade

    Block Trade Analysis - Huge Bullish EEM Spread Trade

    Early Friday a huge spread trade was executed at CBOE using options on the iShares MSCI Emerging Market Index ETF (EEM).   Just a few minutes into the day a trader bought 66,000 EEM Mar 38 Calls at 0.62, sold 132,000 (twice as many) EEM Mar 39 Calls for 0.18 and then took in a little more premium by selling 66,000 EEM Mar 37 Puts for 0.19.  The net result was a cost of 0.07 for each short 1 37 Put, long 1 38 Call, short 2 39 Calls spreads.  The payoff at expiration on March 17th[...]