Shares of Delphi Automotive PLC (DLPH) trade down .33 to 38.89 today.? DLPH is trading right off of its 52-week high.
Today a spread in DLPH buying the Feb 35 calls and selling the May 40 calls went up 10,000 x 20,000 for 4.15 and 1.55.? Average volume is 1793 contracts per day in the name.? Open interest is over 30,000 contracts in Feb.? The trade looks to be a large buy writer stepping up and out to a new month.
30-day implied volatility is 30%.?? 10-day implied volatility is 16%.? 30-day implied volatility is trading over the 10-day historical volatility.
Delphi Automotive PLC (Delphi) is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets.