Today paper traded 250k XOP Jan 2015 63 calls for 1.84 and 375k XOP Jan 2015 65 calls for 1.275.?
Giant call traders in XOP- possible size stupids going up
Shares of the SPDR S&P Oil and Gas Explorers (XOP) are up .07 to 58.79 today.? XOP is near the bottom of the 52 week range.
Today paper traded 250k XOP Jan 2015 63 calls for 1.84 and 375k XOP Jan 2015 65 calls for 1.275.?
- The ADV is 55613 contracts.
- The OI is 3222 and 11649 contracts.
Volume went up in 3 massive blocks marked spread.? All of the options went up near the offer at the time.? No stock blocks went up so the chances are good here that this is a very aggressive upside play in this name.? The trader is making a bet on a move back to the recent highs.
- 30-day implied volatility is 40%.
- 10-day implied volatility is 49%.
- 30 day implied volatility is trading below the 10 day realized volatility
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges. The Oil & Gas Exploration Index is a modified equal weight index. SSgA Funds Management, Inc. is the Fund’s investment advisor.
Puts trade in GERN- possible close
Shares of Geron Corp. (GERN) are down.18 to 2.45 today.? GERN is at the bottom of the 52 week range.
Today paper traded 15000 GERN Nov 2.5 puts for .25.?
- The ADV is 1345 contracts.
- The OI is 15294 contracts.
Volume went up in 1 block.? The trade looks like a put closer as GERN is not performing as of late.? The seller is not taking any chances and is closing the trade with a roughly 100% loss.? UA profiled the open earlier this week.
?Volume went up in 1 large block.? The trade was a huge block of sold puts where soon after .15 bids came popping in.? The puts did trade .15 and are still .15 bid.? The seller is looking to take GERN below 2.5. There appears to be a rolling call seller on the 3 to 3.5 strikes as well.?
- 30-day implied volatility is 98%.
- 10-day implied volatility is 120%.
- 30 day implied volatility is trading below the 10 day realized volatility
Geron Corporation (Geron) is a clinical-stage biopharmaceutical company developing a first-in-class telomerase inhibitor, imetelstat, in hematologic myeloid malignancies.
Large calls trade in EDMC- possible closing
Shares of Education Management Corp (EDMC) are up .11 to .81 today. EDMC is near the bottom of the 52 week range.
Today paper traded 9750 EDMC Dec 1.5 calls for 9771.
- The ADV is 903 contracts.
- The OI is 13619.
Volume went up in 1 large block.? The trade could be a close with the high open interest.? At one point this was most likely a buywrite but now with the stock lifting a bit the call seller must want them back. There is some put buying too for on the Dec 2.5 puts for around parity.? The trader could be looking for a breakout after earnings.
- 30-day implied volatility is NA.
- 10-day implied volatility is 349%.
- 30 day implied volatility is trading below the 10 day realized volatility
Education Management Corporation (EDMC) is a provider of post-secondary education in North America, with approximately 151,200 enrolled students as of October 2011. It offers academic programs to its students through campus-based and online instruction. Its educational institutions offer students undergraduate and graduate degrees, including doctoral degrees, and certain specialized non-degree diplomas in a range of disciplines.