Probable Buy Writer In XLY, Puts And Stock Go Up in NOK, Possible Closer in PVH
Calls Trade In XLY – Probably A Buy Writer
Shares of the Consumer Discretionary SPDR ETF (XLY) are down .09 to 66.31 today.? XLY is near the upper end of the 52 week range.
Today paper traded 6500 XLY Dec 05 Weekly 68 calls at .66.? The ADV is 7035 contracts.? The OI is 35 contracts.
Volume went up in 1 giant block. The options traded a .01 off the bid and are consistent with a buy writer.? The trader is not expecting much of an up move in XLY and could have scooped the ETF on the recent down turn.
30-day implied volatility is 16%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading below the 10 day realized volatility
Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index).
Puts Trade In NOK – Puts And Stock Go Up
Shares of the Nokia Corp (NOK) are down .07 to 8.32 today.? NOK is near the middle of the 52 week range.
Today paper traded 5600 NOK Jan 2015 8 puts for .34.? The ADV is 10975.? The OI is 20346 contracts.
Volume went up in 1 large block.? The trade printed buy write and went up with 201k shares or close to delta neutral.? With the high OI it is most likely closing but if the volume is additive the trader is looking for an outsized move in NOK.
30-day implied volatility is 55%.?? 10-day implied volatility is 73%.? 30 day implied volatility is trading above the 10 day realized volatility
Nokia Corporation invests in technological devices. The Company is focused on three businesses: network infrastructure software, hardware and services, which it offers through Networks; location intelligence, which the Company provides through HERE, and advanced technology development and licensing, which the Company pursues through Technologies. Networks are a specialist in mobile broadband.
Calls Trade In PVH – Possible Closer
Shares of PVH Corp (PVH) are up 3 to 117.01 today. PVH is in the middle of the 52 week range.
Today paper traded 5733 PVH Jan 115 calls for 5.90.? The ADV is 1911 contracts.? The OI is 12710 contracts.
Volume went up in one large block.? The trade is looking sell to close after PVH has made a nice run up. There appears to be some mid-market call spreads going up with at least some paper closing and rolling up.
10 Day Realized Volatility is 24%.? 30 Day Implied Volatility is 23%.? 30 Day IV is trading above the 10 day realized volatility
PVH Corp., is an apparel company. The Company?s portfolio of brands includes Calvin Klein, Tommy Hilfiger brands, Van Heusen, IZOD, Bass, ARROW and Eagle, which are owned brands, and Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, JOE Joseph Abboud, MICHAEL Michael Kors, Michael Kors Collection, CHAPS, Donald J. Trump Signature Collection, DKNY, Elie Tahari, Nautica, Ted Baker, J. Garcia, Claiborne, Robert Graham, U.S. POLO ASSN., Axcess and Jones New York, which are licensed, as well as various other licensed and private label brands.