It looks like we have a closing seller in the VIX with almost 55k Nov 23 calls going up for 0.94.
Calls trade in WLT- possible call spreads going up
Shares of Walter Energy, Inc. (WLT) are up .24 to 2.32.? WLT is near the bottom of the 52 week range.
Today paper traded 3992 WLT Oct 2.5 calls for .30.?
- The ADV is 32024 contracts.
- The OI is less than 4266 contracts.
Volume went up in one block.? The trade is most likely closing with a block of Oct 3 calls going up for .11 9160x.? There seems to be a roll here with volume on both going up on the PHLX.? The trader wants to maintain a short call position. ?Nov 4 calls are trading .11 buying to open.? Very disparate paper trading.
- 30-day implied volatility is 137%.
- 10-day implied volatility is 153%.
- 30 day implied volatility is trading below the 10 day realized volatility
Walter Energy, Inc., is a producer and exporter of metallurgical coals for the global steel industry. The Company also produces thermal coal and industrial coal, anthracite, metallurgical coke, coal bed methane gas (natural gas) and other related products.
Calls trade in VIX- looks like a closing seller
The CBOE Volatility Index is up .36 to 17.04 today.? VIX is in the middle of the 52 week range.
Today paper traded 54,997 VIX Nov 23 calls at .94 .?
- The ADV is 561k contracts.
- The OI is 181k contracts.
Volume went up in one large block.? The calls traded near the bid and are most likely a close after the run up in volatility lately.? UA profiled call buying activity in the Oct cycle.
- 30-day implied volatility is 98%.
- 10-day implied volatility is 137%.
- 30 day implied volatility is trading below the 10 day realized volatility
The CBOE Volatility Index measures the implied volatility of the S&P 500 index options.
Calls trade in PTEN- looks like a closing seller
Shares of Patterson-UTI Energy, Inc (PTEN) are down 2.16 today to 29.94.? PTEN is in the middle of the 52 week range.
Today paper traded 1898 PTEN Nov 30 calls at 1.90.?
- The ADV is 981 contracts.
- The OI is 3982 contracts.
Volume went up in one large block.? The calls went up with another block of 950 which should be a closing transaction.? The trader looks like they are taking a loss on what the news is here.
- 30-day implied volatility is 43%. ?
- 10-day implied volatility is 26%.
- 30 day implied volatility is trading above the 10 day realized volatility
Patterson-UTI Energy, Inc. (Patterson-UTI) owns and operates fleets of land-based drilling rigs in the United States. The Company?s contract drilling business operates primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, West Virginia, Ohio and western Canada. It provides pressure pumping services to oil and natural gas operators primarily in Texas and the Appalachian Basin.