In what appears to have all the hallmarks of a put buyer rolling down, today paper traded 5000 ACM Dec 30/32.5 put spreads at .95.?
Put spreads trade in ACM- rolling down puts
Shares of AECOM Technology Corp (ACM) are down .58 to 31.39 today.? ACM is near the middle of the 52 week range.
Today paper traded 5000 ACM Dec 30/32.5 put spread at .95.?
- The ADV is 1773 contracts.
- The OI is 5874 and 15745 contracts.
Volume went up in 2 large blocks.? The trade has all the marks of a put buyer rolling down to a new strike.? The investor has been rolling already with a lot more volume to go.? Whether this is a straight short or protective put the trader is taking some money off the table.
- 30-day implied volatility is 36%. ?
- 10-day implied volatility is 20%.
- 30 day implied volatility is trading above the 10 day realized volatility
AECOM Technology Corporation (AECOM), is a provider of professional technical and management support services for commercial and government clients around the world. The Company provides planning, consulting, architectural and engineering design, and program and construction management services for a range of projects, including highways, airports, bridges, mass transit systems, government and commercial buildings, water and wastewater facilities, and power transmission and distribution.
Puts trade in BWC- long term put buyers
Shares of Babcock and Wilcox Co (BWC) are .65 to 28.79.? BWC is trading near the 52 week low.
Today paper traded 200 BWC May 25 puts for .70.?
- The ADV is 204 contracts.
- The OI is 4281 contracts.
Volume went up in 1 block.? The total volume on this strike was over 700 contracts as buyers lifted the offers in a very wide market.? This suggests a rush to close the contracts.? The put seller could have made a good sale earlier and the recent downturn is making them take profits.
- 30-day implied volatility is 28%. ?
- 10-day implied volatility is 41%.
- 30 day implied volatility is trading below the 10 day realized volatility
The Babcock & Wilcox Company (B&W) is a technology innovator in power generation systems, a specialty constructor of nuclear components and a service provider in its segments. The Company provides a variety of products and services to customers in the power and other steam-using industries, including electric utilities and other power generators, industrial customers in various other industries, and the United States Government.
Puts trade in FTR- long term put buyers
Shares of Frontier Communications Corp. (FTR) are down .30 to 5.90.? FTR is near the middle of the 52 week range.
Today paper traded 6837 FTR Feb 6 puts for .55.?
- The ADV is 2483 contracts.
- The OI is 6400 contracts.
Volume went up in 1 block.? The total volume on this strike was over 10000 contract with liquidity hitting the .55 bid.? Put buyer stepped in size on large open interest and the volume eventually filled.? The high volume suggests this is more of the same like the open interest so put buyers are looking for more downside in there.? IV is up 2 points in Feb.
- 30-day implied volatility is 30%.
- 10-day implied volatility is 24%.
- 30 day implied volatility is trading above the 10 day realized volatility
Frontier Communications Corporation is a communications company. The Company is engaged in providing services predominantly to rural areas and small and medium-sized towns and cities in the United States. The Company offers a range of voice, data, and television (TV) services and products. The Company offers a portfolio of communications services for residential and business customers in each of its markets.