Currency Hedged Japan ETF Rallies 40% on Plunging Yen
April 08, 2013 at 10:23 AM EDT
WisdomTree Japan Hedged Equity (NYSEArca: DXJ) has soared to its highest level since the financial crisis with the Bank of Japan pulling out all the stops to drive inflation and weaken the yen. DXJ is up 40% since November 2012 and one options trader is positioning for further strength in the ETF,...