Calls Trade In SPY- Huge Call Buying
Shares of the SPDR S&P 500 ETF Trust (SPY) are up 1.89 to 192.18 today.? SPY is in the middle of the 52 week range.
Today paper traded 133300 SPY Dec 206/211 calls for .29.? The ADV is 2.6 million contracts.? The OI is 11376 and 2153 contracts.
Volume went up in 2 massive blocks.? A 3rd leg of this trade went up in the Dec 210 for .09 111000x.? From the volume it looks like all of these calls are buying.? The volumes on the strikes are well over 200k contracts with paper buying to open.? This is a very bullish play into the new year.
30-day implied volatility is 14.98%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading below the 10 day realized volatility
SPDR S&P 500 ETF Trust (the Trust) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index.
Calls Trade In CCI- Large Call Spread Goes Up
Shares of Crown Castle International Corp (CCI) are up 1.73 to 84.19.? CCI is making a 52 week high.
Today paper traded 4328 CCI Nov 82.5 calls at 3.10.? The ADV is 2560 contracts.? The OI is 2181 contracts.
Volume went up in one block.? The trade was marked buywrite with 200000 shares going up near the same time.? The trader appears to be overwriting the CCI on a ratio.? A large block of the Nov 87.5 calls went up marked buywrite on a similar ratio with the customer buying calls.? All the size went up on one exchange so the trades are probably linked.
30-day implied volatility is 27%.?? 10-day implied volatility is 26%.? 30 day implied volatility is trading above the 10 day realized volatility
Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts).
Calls Trade In DBA – Opening Call Buying
Shares of PowerShares DB Agriculture (DBA) are up .03 to 25.90.? DBA is near the middle of the 52 week range.
Today paper traded 752 DBA Jan 26 calls for .75.? The ADV is 581 contracts.? The OI is 1657 contracts.
Volume went up in one block.? The trade on the strike is 16092 contacts with paper paying .75 for thousands of calls in small to midsize blocks.? The customers are looking for a big jump in commodity prices into the end of the year.? This is a possible newsletter trade.
The Options Insider last profiled DBA on Feb 2nd stating:
?Today paper traded 1500 Mar 24 calls in DBA for 1.05-1.10.? ADV is 264 contracts.? The OI is over 5 for each strike. The volume went up in mid-size blocks with some paper trading through the offer at the time.? The opening trades look to be bullish with the IV up .78 in March which is a good sized move for a 7.8% realized volatility product.?
30-day implied volatility is 14%.?? 10-day implied volatility is 11%.? 30 day implied volatility is trading above the 10 day realized volatility
PowerShares DB Agriculture Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund?s subsidiary is DB Agriculture Master Fund (the Master Fund), a separate series of DB Multi-Sector Commodity Master Trust (the Master Trust).