9k/7k MCD Jan 90 put/100 call combos traded today in two giant blocks.?Trade on these strikes is closer to 10000 contracts as paper is buying calls and selling puts
Size combos trade in MCD- long delta play
Shares of McDonalds Corp (MCD) are up .64 to 97.05 today.? MCD is in the middle of the 52 week range.
Paper traded 9000/7000 MCD Jan 90 put/100 call combos for .48.
- The ADV is 33761 contracts.
- The OI is 15k and 14k contracts.
The volume went up in 2 giant blocks.? Trade on these strikes is closer to 10000 contracts as paper is buying calls and selling puts.? Additional call buyers have jumped in the market as well in the Jan 95s.? For now there is no size stock prints so this is either an opening risk reversal or a quick exit on a collar trade.
- IV 30 is trading for 17.
- HV10 is trading for 4.
- IV 30 is trading over the HV 10.
McDonald?s Corporation franchises and operates McDonald?s restaurants in the global restaurant industry. These restaurants serve menu at various price points providing value in 119 countries globally. All restaurants are operated either by the Company or by franchisees, including conventional franchisees under franchise arrangements, and developmental licensees and foreign affiliated markets under license agreements.
Call buyers in VIPS- buywrite unwind
Shares of Vipshop Holdings Ltd. ADR (VIPS) are down 1.57 to 22.12 today. VIPS is near the top of the 52 week range.
Paper traded 5000 VIPS Nov 22 calls for .25.
- The ADV is 6390.
- The OI is 15068 contracts.
The volume went up in 1 large block.? There was 130k shares of stock tied to this trade when it went up.? The options were marked buy-write and the trade had the customer buying calls to close.? This is probably an unwind where the big goal was to sell some calls.
- IV 30 is trading for 50.
- HV10 is trading for 43.
- IV 30 is trading over the HV 10.
Vipshop Holdings Limited is an online discount retailer. The Company operates an online platform that offers products to consumers in the People’s Republic of China (the PRC) through flash sales on its vipshop.com and vip.com Website.
Strangle sellers in IPI- Possible covered strangle sellers
Shares of Intrepid Potash, Inc. (IPI) are up .92 to 15.03. ??IPI is near the middle of the 52 week range.
Paper traded 400 IPI Jan 13 put/ Jan 14 call strangles at 1.35-1.40.?
- The ADV is 241. ?
- The OI is 35 and 2291 contracts.
The volume went up in scattered sizes.? IPI is making a large 1 day move and a trader is selling strangles on multiple exchanges.? The paper hit multiple exchanges and now the calls are big way through the original selling price.? The trade might work as a covered strange but for now the naked strangle is underwater.? IV is up in the name now.
- IV 30 is trading for 36%.
- HV10 is trading for 24%.
- IV 30 is trading under the HV 10.
Intrepid Potash, Inc.( Intrepid) is a producer of muriate of potash (potassium chloride or potash) in the United States and are engaged the production and marketing of potash and langbeinite (sulfate of potash magnesia), another mineral containing potassium, magnesium, and sulfate, that is produced from langbeinite ore and as Trio when it refers to sales and marketing.