Someone Just Made a Big Bullish Options Bet on a Singapore ETF
- U.S.-traded iShares fund sees record volume in calls
- Move follows significant inflows into Singapore-based SPDR ETF
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An exchange-traded fund tracking Singapore companies drew record call-option volume.
A total of 5,044 iShares MSCI Singapore ETF calls traded on Tuesday, compared with a 20-day average of 222, according to data compiled by Bloomberg. The November $21 calls were the most active, and Susquehanna Financial Group LLLP noted one trade where someone bought 3,800 of those options in odd lots, mostly paying 45 cents each. The U.S.-listed ETF itself rose 2.1% to close at $19.12.