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Options trading at a fever pitch in the RSX

Van Eck’s Russia ETF (RSX) has attracted a surge of trader interest. Many are comparing it to the MEME stock trading of last year.

ETF Newz Says: Options on the ETF have been trading at a fever pitch, with 211,000 contracts traded, four times the expected volume. Many feel that if there is a quick resolution many of the companies in the ETF will quickly rebound. Most of the Russian ETFs have lost over 80% of their value in a mere 10 days.