Unusual options trading activity alert: Moving on in ARUN, adding volume in PWE, and a curious call spread in APOL
Put sellers in ARUN- more put sellers or a disappointed close?
Shares of Aruba Networks, Inc. (ARUN) are up .83 to 21.08.? ARUN is in the middle of the 52 week range.
Today paper traded 4900 ARUN Jan 2015 15 puts at .35. ?
- ADV is 1998 contracts.?
- OI is 7317.
Volume went up in one large block.? Total volume is just over the block with the puts a bit lower as of this writing.? This could be a long put holder giving up and closing or a new seller adding more to the OI.? This is worth checking into on the OI numbers tomorrow.? Either way, the seller is thinking ARUN is staying at least even to up.
- 30-day implied volatility is 35%.??
- 10-day implied volatility is 13%.?
- 30-day implied volatility is trading above the 10-day realized volatility.
Aruba Networks, Inc., is a provider of next-generation network access solutions for mobile enterprise networks. The Mobile Virtual Enterprise (MOVE) architecture unifies wired and wireless infrastructures into one seamless network access solution for traveling business professionals, remote workers, corporate headquarters employees and guests.
Calls trade in PWE- additive volume in PWE
Shares of Penn West Petroleum LTD (PWE) are up .39 to 7.76. ??WFT is near a 52 week high.
Today paper traded 5000+ PWE Jan 2015 9 calls for .32-.40.?
- ADV is 2659 contracts.?
- OI is 25429 contracts.
Volume went up in 100 and 200 lot blocks.? Most of the paper went up just off of the offer.? There is high OI in this strike and if it was closing that would be very early in the cycle for a buy writer to close however PWE just dropped from the 9 handle so the call seller might think the name has reached a bottom.? The signs are pointing to PWE jumping off of some lows with this cover.
- 30-day implied volatility is 39%.??
- 10-day implied volatility is 32%.
- 30-day implied volatility is trading above the 10-day realized volatility
Penn West Petroleum Ltd. (Penn West), formerly Penn West Energy Trust, is a Canadian exploration and production company. Penn West is engaged in the business of acquiring, exploring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets.
Call spreads trade in APOL- curious call spread
Shares of Apollo Education Group Inc. (APOL) are down .25 to 27.50. ?APOL is near the middle of the 52 week range.
Today paper traded 5500 Nov 28/29 call spreads for .42.
- ADV is 2435 contracts.?
- OI is less than 500 contracts on these strikes.
Volume went up in two large blocks.? This early volume was followed by smaller size trades as the investor is positioning for a move higher.? They are setting up the call spread to return better than 100% on a close past 29.
- 30-day implied volatility is 27%.?
- 10-day implied volatility is 12%.?
- 30 day implied volatility is trading above the 10 realized volatility
Apollo Education Group, Inc. offers educational programs and services, online and on-campus, at the undergraduate, master, and doctoral levels.