The trade was most likely a backspread and now that the stock has lifted they are closing for near even. ACI up $1 from the recent lows.
Put spread trades in ACI- large roll
Shares of Arch Coal Inc. (ACI) are up .01 to 2.44 today.? ACI is near the bottom of the 52 week range.
Today paper traded 49000/24500 ACI Jan 2016 1/1.5 put spread for .01 (on a 1 x 2 ratio).?
- The ADV is 11493 contracts.
- The OI is 50735 and 26544 contracts.
Volume went up in 2 massive blocks.? The trade closing where the customer is selling out the Jan 2016 1s and buying in the 1.5s puts.? The trade was most likely a backspread and now that the stock has lifted they are closing for near even.? The name is up $1 from the recent lows.
- 30-day implied volatility is 93%. ?
- 10-day implied volatility is 116%.
- 30 day implied volatility is trading above the 10 day realized volatility
Arch Coal, Inc. (Arch) is the coal producer. During the year ended December 31, 2012, it sold approximately 140.8 million tons of coal, including approximately 4.3 million tons of coal it purchased from third parties, representing roughly 14% of the 2012 United States coal supply.
Call buyers jump in DKS ? opening size buyer
Shares of Dicks Sporting Goods (DKS) are up 2.36 to 48.29 today.? DKS is in the middle of the 52 week range.
Today paper traded 8395 DKS Dec 50 calls for 1.30.?
- The ADV is 1894 contracts.
- The OI is 783 today.
Volume went up in 1 block.? The .total trade on the strike is over 11 contracts with paper mostly buying up the strike.? This is a bullish play on earnings.? Stock has gone up marked ?derivative? today but nothing close to the size of a hedge for this block of 8395.
- 30-day implied volatility is 42%. ?
- 10-day implied volatility is 34%.
- 30 day implied volatility is trading above the 10 day realized volatility
DICK’S Sporting Goods, Inc. is a sports and fitness specialty omni-channel retailer offering a range of brand name sporting goods equipment, apparel and footwear in a specialty store environment.
Puts trade in NBIX- possible close
Shares of Neurocrine Biosciences, Inc. (NBIX) are flat at 19.19 today.? NBIX is near the top of the 52 week range.
Today paper traded 2500 NBIX Jan 2015 10/17 put spreads for 2.45.?
- The ADV is 848 contracts.
- The OI is 7762 ad 4116 contracts.
Volume went up in 2 large blocks.? The trade is most likely closing on a successful put spread sale.? There is still more open interest available so the trader might have more to close.? This looks like a case of taking the money and running.
- 30-day implied volatility is 105%.
- 10-day implied volatility is 44%.
- 30 day implied volatility is trading above the 10 day realized volatility
Neurocrine Biosciences, Inc. (Neurocrine) discovers, develops and commercializes drugs for the treatment of neurological and endocrine-related diseases and disorders. The Company?s product candidates address some of the pharmaceutical markets including endometriosis, stress-related disorders, pain, diabetes, insomnia, and other neurological and endocrine-related diseases and disorders.