(Bloomberg) -- Trading of bearish emerging-market options rose to a 10-week high as investors increased wagers that a U.S. exchange-traded fund tracking stocks in developing nations will retreat after doubling since March. More than 718,000 puts giving the right to sell the iShares MSCI Emerging Markets Index changed hands last week, or 54 percent higher than the average this year. The ETF, which tracks shares in 22 countries, lost 1.2 percent to $41.35 last week as the Dollar Index rose a second week, oil posted the longest losing streak in six years and investors speculated that the heightened risk of default in Spain, Greece and Dubai may signal that credit losses will spread throughout the global economy.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alsSluOpWeYk
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