?2 giant blocks of WLT Nov 2.5/3 call spread traded as a likely close on the near term pop in WLT today.?

Puts spreads go up in VNQ- put roll here

VNQ

Shares of the Vanguard REIT ETF (VNQ) are up .01 to 79.04 today.? VNQ is near the top of the 52 week range.

Today paper traded 6800 VNQ Dec 67/Mar 70 PUT for .85.?

  • The ADV is 55613 contracts.
  • The OI is 7574 and 1744 contracts.

Volume went up in 2 large blocks marked spread.? The trader here is rolling a put trade up to a new strike.? The customer is closing out a long Dec put and moving into a closer to the money Mar put.? The trade is consistent with a protective equity put.

  • 30-day implied volatility is 12%.
  • 10-day implied volatility is 10%.
  • 30 day implied volatility is trading above the 10 day realized volatility

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc. provides investment advisory services to the Fund.

 

Puts trade in CTIC- open spec buy

CTIC

Shares of CTI BioPharma Corp (CTIC) are down.31 to 2.04 today. CTIC is in the middle of the 52 week range.

Today paper traded 10000 CTIC Dec 2 put for .14.?

  • The ADV is 344 contracts.
  • The OI is 0 contracts.

Volume went up in 1 block.? The trade looks like an open put seller where the customer is looking for .14. The block went up off the bid and subsequent blocks with up for .14 with paper lifting the offer.? The puts are still offered at .14.

  • 30-day implied volatility is 65%.
  • 10-day implied volatility is 48%.
  • 30 day implied volatility is trading above the 10 day realized volatility

CTI BioPharma Corp. (CTI), formerly Cell Therapeutics, Inc., is a biopharmaceutical company focused on the acquisition, development, and commercialization of less toxic ways to treats cancer.

 

Large call spreads trade in WLT- some profit taking

WLT

Shares of Walter Energy Corp (WLT) are up .35 to 3.09 today. ?WLT is near the bottom of the 52 week range.

Today paper traded 39000 WLT Nov 2.5/ 3 calls spreads at .36.

  • The ADV is 33306 contracts.
  • The OI is 41633 and 43092.

Volume went up in 2 giant blocks.? The trade is probably a close on the near term pop in WLT today.? The trader rolled these options on Oct 30th?and is closing here with a roll.? The 2.5 calls trades just over parity which is usually a sign that the liquidity provider bought them.? This trader could be keeping a big long winner going if that is the case.

  • 30-day implied volatility is 115.
  • 10-day implied volatility is 70%.
  • 30 day implied volatility is trading above the 10 day realized volatility

Walter Energy, Inc., is a producer and exporter of metallurgical coals for the global steel industry. The Company also produces thermal coal and industrial coal, anthracite, metallurgical coke, coal bed methane gas (natural gas) and other related products.