10k HYG Dec 83 put/92 call combos traded today for even money. It looks liek the successful close of a short delta trade.
Combo unwind in HYG- could be closing here.
Shares of iShares iBoxx $ High Yield ETF (HYP) are up 90.98 today.? HYG middle of the 52 week range.
Today paper traded 10000 HYG Dec 83 put/ 92 call combos for even money.?
- The ADV is 31569 contracts.
- The OI is 25740 and 25320 contracts.
Volume went up in 2 blocks.? This trade was marked spread with paper buying the Dec 92 calls and selling out the Dec 83 puts.? Based on the OI the combo couild be closing.? Check the OI tomorrow but this looks like a successful close of a short delta trade in HYG.
- 30-day implied volatility is 12%. ?
- 10-day implied volatility is 8.42%.
- 30 day implied volatility is trading above the 10 day realized volatility
Shares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.
GREK puts close- possible short put close
Shares of Global X FTSE Greece 20 ETF (GREK) are up .36 to 15.41 today.? GREK is near the bottom of the 52 week range.
Today paper traded 10000 GREK Oct 15 puts for .10-.15.?
- The ADV is 1239 contracts.
- The OI is 10621 contracts.
Volume went up in two blocks.? The trade on strike had a .15 bid posting for 149 contracts than the balance trading down to .10 indicating a closing seller. It does appear the seller is giving up on any gain potential overnight.
UA last covered GREK on Aug 8th.
?Today paper traded 4000 GREK Sep 23/24 call spreads for .15.? The ADV is 891 contracts. The OI is 73 contracts on the 23 line and 5060 contracts on the 24 line.
The volume went up in 2 large blocks.? The spread traded over 5400x.? The 23 side traded closer to the offer so the spread is most likely a long call spread.? With the OI just shy on the 24s the whole spread is probably opening.?
- 30-day implied volatility is 56%.
- 10-day implied volatility is 58%.
- 30 day implied volatility is trading below the 10 day realized volatility
Global X FTSE Greece 20 ETF (GREK) tracks the FTSE 20 major stocks in the Greek stock market.
Collar closing in YGE- possible unwind of a protective collar.
Shares of Yingli Green Energy Holding (YGE).? YGE is near the bottom of the 52 week range.
Today paper traded 2500 YGE Oct 7 calls and puts.?
- The ADV is 2867 contracts.
- The OI is 8200 and 10690 contracts.
Volume went up in 2 blocks.? The trade on the strike is selling the ITM put and buying back the call.? Most likely the trader had a short combination in this name and is rolling it out to Nov to keep the short on.?
- 30-day implied volatility is 94%.
- 10-day implied volatility is 61%.
- 30 day implied volatility is trading above the 10 day realized volatility
Yingli Green Energy Holding Company Limited is a vertically integrated photovoltaic (PV), product manufacturer worldwide. The Company designs, manufactures and sells PV modules, and design, assemble, sell and install PV systems.