8200/4200 CSCO Jan 2015 22/25 put spreads went up in 2 large blocks.
Puts trade in AUQ ? bids for puts
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Shares of AuRico Gold Inc. (AUQ) are down .01 to 3.78 .? AUQ is near the bottom? of the 52 week range.
Paper traded 9410 AUQ Mar 4 puts for .70.?
- The ADV is 635 contracts.?
- The OI is 12 contracts.
The volume went up in 1 massive block.? The trade is well over 11000 contracts with paper originally bidding .65 and then paying up to .70.? No stock is printing on this trade so it is a protective put or straight down side speculation.
- IV 30 is trading for 58%.?
- HV10 is trading for 73%.?
- IV 30 is trading under the HV 10.
AuRico Gold Inc. is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties. Its core operations include the Young-Davidson gold mine in northern Ontario and the El Chanate mine in Sonora State, Mexico. Its project pipeline also includes advanced development opportunities in Mexico and British Columbia.
Calls trade delta neutral in GRMN
Shares of the Garmin Ltd. (GRMN) are down 2.30 to 57.32 today.? GRMN is at the upper end of the 52 week range.
Paper traded 3200 GRMN Jan 60 calls for 1.22.?
- The ADV is 2721.?
- The OI is 813 contracts.
The volume went up in 1 large block. ? A large block of 112000 shares go up within 1 min of the Jan 60 calls.? The stock block was marked derivative so this trade could be a delta neutral type spread.? The trader is looking? for a jump in the stock or at least a power move.
- IV 30 is trading for 27%.?
- HV10 is trading for 23%.?
- IV 30 is trading over the HV 10.
Garmin Ltd. (Garmin) is a provider of navigation, communication and information devices and applications, which are enabled by global positioning system (GPS) technology.
Odd put sales go up in CSCO- put sales through the bid
Shares of Cisco Systems, Inc. (CSCO) are up .19 to 27.23 today. ? CSCO is making a 52 week high.
Paper traded 8200/4200 CSCO Jan 2015 22/25 put spreads for .10.?
- The ADV is 61k.? ?
- The OI is 47k and 26k contracts.
The volume went up in 2 large blocks.? The Jan 22 puts trade for.01 through the bid at the time? with the Jan 25 puts trading on the bid for .12.? Both trades could be sell to close into CSCO making 52 week highs.? There must be some long stock with the puts or since they are most likely going out worthless.? The trader could be using the put premium to roll into other puts later on.
Cisco Systems, Inc. (Cisco) designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use.



