Plunging Lira Stokes Unusual Options Activity in Turkey ETF
This article was originally published on ETFTrends.com.
With the Turkish lira slumping to record lows against the U.S. dollar, the iShares MSCI Turkey ETF (NasdaqGM: TUR) was punished last Friday, putting the only US-listed ETF tracking Turkish stocks on pace for its one-day loss ever. TUR, which tracks the MSCI Turkey Investable Market Index, is over a decade old. Compounding the fund’s [...]