BUZZ-Greece ETF's options draw bearish bets
** Global X FTSE Greece 20 ETF options active as traders appear to be positioning for/hedging risk of more downside
** Busiest day for puts since Feb; bearish activity noticeable after largely bullish options activity in recent weeks
** The 30-day implied volatility has jumped sharply to 94.1 pct from 75.27 pct at start of June; currently in 94th percentile of 52-week range
** Options volume at 9,500 contracts, or two times normal, according to Trade Alert
** Seven of ten most active contracts are puts; July $9 puts most active with 3,200 contracts traded
** ETF's shares down 8 pct over last week; currently down 4 pct at $10.57 (Reuters Messaging: firstname.lastname@example.org)
© Thomson Reuters 2017 All rights reserved.