The Options Insider

OTM Call Buyer in KOS

by | Oct 7, 2014 | Unusual Activity

Someone is feeling good about the future of KOS, with very bullish paper going up in the April 12.5 calls.

Calls trade in KOS- OTM call buyer

KOS

Shares of Kosmos Energy LTD (KOS) are down .45 to 9.47 today.? KOS is near the bottom of the 52 week range.

Today paper traded 5500 KOS Apr 12.5 calls for .30.?

  • The ADV is 280 contracts.?
  • The OI is 0 contracts.

Volume went up in one size block.? The trade went up early with other .30 buyers jumping in.? The opening transaction looks like a very bullish call buyer. There were no size stock trades that went up with it.? IV is up in most terms in KOS today.

  • 30-day implied volatility is 38%.? ?
  • 10-day implied volatility is 30%.?
  • 30 day implied volatility is trading above the 10 day realized volatility

Kosmos Energy, Ltd. operates as an oil exploration and production company. The Company engages in the exploration, development, and production of oil and natural gas in Africa. It explores the areas along the west coast of Africa from Morocco in the north through Angola in the south. It holds five licenses in offshore the Republic of Ghana, onshore the Republic of Cameroon, and offshore the Kingdom of Morocco.

Puts trade LB- short term put buyers
LB

Shares of L Brands (LB) are down.74 to 66.30 today.? LB is trading near the 52 week high.

Today paper traded 217 LB Oct 65 puts for .85.?

  • The ADV is 1488 contracts.?
  • The OI is 573 contracts.

Volume went up in 1 block through the posted offer at the time..? The strike is trading actively with volume on all floors from .65-.85 with most of that volume buying.? IV30 is up 3 points on the opening paper and this trade is most likely a short spec on LB.

  • 30-day implied volatility is 27%.? ?
  • 10-day implied volatility is 18%.?
  • 30 day implied volatility is trading above the 10 day realized volatility

L Brands, Inc. operates in the specialty retail business. The Company is a specialty retailer of women?s intimate and other apparel, beauty and personal care products and accessories. The Company operates in two segments: Victoria?s Secret and Bath & Body Works.