3000 SCSS Apr21 29 calls over 23 puts went up in 2 blocks on the CBOE marked spread.?

SCSS

Shares of Select Comfort Corp (SCSS) are up .59 to 25.62 today.? SCSS is near the top of the 52 week range.

  • Paper traded 3000 SCSS Apr21 29 calls over 23 puts for .30 and .65. ??
  • The ADV is 819 contracts.? ?
  • The open interest is 3004 and 3116 contracts.

The volume went up in 2 blocks on the CBOE marked spread.? This combo is most likely a close of a long call ad short put position going into earnings today.? The trader is taking a near top of the range price and getting out.

  • IV 30 is trading for 58%.?
  • HV10 is trading for 32%.?
  • IV 30 is above the HV 10.

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories.