Today in unusual options trading activity we have short-term put buyers in EWT, possible newsletter plays in QEP, and an OTM put seller in NYMX.
Puts trade in EWT- lots of short term put buyers
Shares of the iShares MSCI Taiwan Index (EWT) are up .02 to 16.34 today.? VXST is near the upper end of the 52 week range.
Today paper traded 20000 EWT Sep 16 puts for .13-.14. ?
- ADV is 4334 contracts. ?
- OI is 360.
Volume went up several large blocks.? The early volume lifted the offer with the order getting filled for .14.? The puts are currently offered at .13.? This trade did not go up as a spread and did drive IV higher.? The trader is probably lowing for a break in the EWT but this is a very short cycle.
- 30-day implied volatility is 14%. ??
- 10-day implied volatility is 11%. ?
- 30-day implied volatility is trading above the 10-day realized volatility.
The iShares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index).
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Calls trade in QEP- possible newsletter call buying
Shares of QEP Resources Inc. (QEP) are up .39 to 34.70.? QEP is near the top of the 52 week range.
Today paper traded 3700 QEP Dec 37 calls for .85-.90. ?
- ADV is 2315 contracts.
- OI is 2170 contracts.
Volume went up in several blocks.? Total volume here is 7599 with scattered 1 and 2 lots on several exchanges.? The two large blocks trade first with IV up sharply in this name.? Traders are looking for more upside here.
- 30-day implied volatility is? 20%. ??
- 10-day implied volatility is 11%. ?
- 30-day implied volatility is trading above the 10-day realized volatility
QEP Resources, Inc. (QEP) is a holding company. The Company operates in three lines of business: gas and oil exploration and production, midstream field services, and energy marketing.
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Puts trade in NYMX- OTM put seller
Shares of NYMOX Pharmaceuticals Corp. (NYMX) are up .13 to 5.20.? NYMX is near the bottom of the 52 week range.
Today paper traded 2669 NYMX Sep 5 puts at .60.?
- ADV is 446 contracts. ?
- OI is 3351 contracts.
Volume went up in 1 block.? Total volume so far is 2885 with IV in Sep down 14 points to 122.84.? The trader here is most likely doing a version of the ?wheel trade? to keep the short put premium or take the stock at the year lows.
- 30-day implied volatility is 126%. ??
- 10-day implied volatility is 68%. ?
- 30-day implied volatility is trading above the 10-day realized volatility
Nymox Pharmaceutical Corporation (Nymox) is a biopharmaceutical company. The Company focuses on developing NX-1207, a treatment for benign prostatic hyperplasia (BPH) which is in Phase III trials in the United States.