100k VIX Dec 12.5 puts traded today in one block, with prices?ranging from .09 and higher.
Puts trade in VIX- put buyer OTM
The CBOE Volatility Index is down 1.04 to 13.23 today.? VIX is at the low end of the range.
Paper traded 100,000 VIX Dec 12.5 puts for .13. ?
- The ADV is 610k contracts.
- The OI is 42k contracts.
The volume went up in 1 block.? Paper traded these puts at prices ranging from .09 and higher with 178k contracts trading so far.? The option trader looks to be a buyer wanting VIX to get to near year low levels.
- IV 30 is trading for 83.
- HV10 is trading for 78.
- IV 30 is trading over the HV 10.
The CBOE Volatility Index measures the implied volatility of the S&P 500 index options maintaining a constant 30 day duration.
Calls trade in DXJ- call rollers splitting duration
Shares of the WisdomTree Japan Total Dividend (DXJ) are up .84 to 56.84 today. ?DXJ is making a 52 week high.
Paper traded 6000/3000/3000 DXJ Dec 55/Jan 58/Feb 59 ratio call spreads for 1.98/1.05/1.20. ??
- The ADV is 34921 contracts.
- The OI is 13035/4448/398 contracts.
The volume went up in 3 blocks on a ratio.? Most likely the Dec 55 is closing for a profit and the trader is taking the money and moving out to Jan and Feb on staggered strikes.? This is a bullish roll.
UA profiled a previous roll on 10/31/2014 on the Dec 55:
?Today paper traded 9000 DXJ Nov 54 call for 1.14 and 6000 Dec 55/56 call spreads for .35.? The ADV is 18664. The OI is 44k in Nov and 0 in Dec.
Volume went up in 3 giant blocks.? The trade looks like a close in the Nov 54 calls and buy to open in the Dec call spread.? The whole package is a bit strange since there is limited upside potential for the Dec calls spread OTM.? The Dec 55 went marked as buy.? The trade is looking like a short call covering play on the unexpected rise in the DXJ.
?A block of 30k of the Nov 54s traded for .17 but it is difficult to tell if it was a buy to open or some call over write.? The Dec spreads looked buy/buy.?
- IV 30 is trading for 23.
- HV10 is trading for 1.
- IV 30 is trading over the HV 10.
WisdomTree Japan Hedged Equity Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Japan Hedged Equity Index (the Index). The Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the United States dollar. In this sense, the Index hedges against fluctuations in the relative value of the yen against the United States dollar.
Call spreads trade in PFE- call rollers moving up
Shares of Pfizer Inc. (PFE) are up .18 to 31.44 today.? PFE is in the upper end of the 52 week range.
Paper traded 8200 PFE Dec 05 Weekly 31/Dec 12 Weekly 31.5 calls for .16 credit.?
- The ADV is 51455 contracts. ?
- The OI is 8675 and 1217 contracts.
The volume went up in 2 blocks.? The spread is a short term roll look with a very bullish outlook.?? The Dec 05 Weekly side is a close and the customer is rolling into the Dec 12 Weekly calls to stay long.
- IV 30 is trading for 16%.
- HV10 is trading for 12%.
- IV 30 is trading over the HV 10.
Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. The Company manages its operations through five segments: Primary Care; Specialty Care and Oncology; Established Products and Emerging Markets; Animal Health, and Consumer Healthcare. The Company?s diversified global healthcare portfolio includes human and animal biologic and small molecule medicines and vaccines, as well as nutritional products and consumer healthcare products. Its Animal Health business unit discovers, develops and sells products for the prevention and treatment of diseases in livestock and companion animals.