Over 1k LEG Nov 40 calls traded earlier today, sweeping all exchanges for 1.15. The stock is higher now and the calls are ITM as the buyer had great timing.
Put ratio spreads trade in TWC- possible stock combination
Shares of Time Warner Cable Inc. (TWC) are down 3.60 to 132.90 today.? TWC is near the middle of the 52 week range.
Today paper traded 16000/8000 TWC Apr 95/125 put spreads for 6.00.?
- The ADV is 4680 contracts.?
- The OI is 1052/197 contracts.
Volume went up in 2 large blocks.? The total trade on the strikes doubled when paper put more of this spread up.? Subsequent trades marked buy-write 100000 shares trading against similar sized options.? The trader is setting up a near the money gamma trade and trying to finance with OTM puts.
- 30-day implied volatility is 33%.? ?
- 10-day implied volatility is 37%.?
- 30 day implied volatility is trading below the 10 day HV.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas.
Savvy call buyer in LEG- early call buyer plays
Shares of Leggett and Platt, Inc. (LEG) are up .43 to 41.26 today. LEG is making a 52 week high.
Today paper traded 1028 LEG Nov 40 calls for 1.15.?
- The ADV is 191 contracts.?
- The OI is 277 contracts.
Volume went up in 1 block.? The trade was marked sale but only after a posted bid did not fill.? Paper swept all exchange for 1.15 and posted the balance which was filled.? The stock is higher now and the calls are ITM as the buyer had great timing.
- 30-day implied volatility is 41.28%.? ?
- 10-day implied volatility is 12.61%.?
- 30 day implied volatility is trading above the 10 day realized volatility
Leggett & Platt, Incorporated is an international manufacturer that conceives, designs and produces a range of engineered components and products found in many homes, offices, retail stores, automobiles and commercial aircraft.
Call buyers jump in EXH- upside call buyers
Shares of Exterran Holdings Inc (EXH) are up .14 to 34.54 today.? EXH is in the middle of the 52 week range.
Today paper traded 2050 EXH Feb 40 calls for 1.05.?
- The ADV is 603 contracts.?
- The OI is 3344.? ?
Volume went up in 1 large block.? The trade hit the tape .05 above the posted offer so the buyer was in a hurry for liquidity.? 3700 calls changed hands as of this post so the paper is most likely opening. Normally a covered call writer would not pay to close when covered by stock. The IV is up 9 points in Feb.? The short term options have increased the spread widths.
- 30-day implied volatility is -%.? ?
- 10-day implied volatility is 61%.?
- 30 day implied volatility is trading at? the 10 day realized volatility
Exterran Holdings, Inc. (Exterran) is engaged in the full-service natural gas compression business. The Company is a provider of operations, maintenance, service and equipment for oils and natural gas production, processing and transportation applications.