705 CLD May 7.5 puts and May 12.5 calls went up in 2 blocks.? The trade is showing more like a collar on some volume.?
Straddles trade in CLD- possible strangle buyers
Shares of Cloud Peak Energy Inc. (CLD) are up .25 to 10.09 today.? CLD made a 52 week low today.
Paper traded 705 CLD May 7.5 puts and May 12.5 calls for 1.0.?
- The ADV is 530.
- The OI is 4443 and 4403 contracts.
The volume went up in 2 blocks.? The trade is showing more like a collar on some volume.? However the IV is up 5 points in May and some of the calls traded below the bid.? The collar trader does seem to attract more paper so this trade looks somewhat in between.? The calls are bid now .45 above with the puts .60 so the strangle seems to have picked up a bid.? As a close for a possible risk reversal, this would be at the bottom of range so it is unlike the trader is closing at the bottom.
- IV 30 is trading for 60.
- HV10 is trading for 60.
- IV 30 is trading at the HV 10.
Cloud Peak Energy Inc. (CPE Inc.) is a holding company that manages its wholly owned subsidiary Cloud Peak Energy Resources LLC (CPE Resources). It is the producer of coal in the United States and in the Powder River Basin.
Puts trade in HYG- partial put close today
Shares of iShares iBoxx High Yield Corp Bond ETF (HYG) are down .34 to 89.52 today.? XON is in the middle of the 52 week range.
Paper traded 11000 HYG Dec 90 puts at .90.?
- The ADV is 35k.
- The OI is 36206 contracts.
The volume went up in 1 block.? There is more trade on this strike with the IV up slightly.? It looks like a long put holder is closing part of the position and is doing so in pieces.
- IV 30 is trading for 9.8%.
- HV10 is trading for 8%.
- IV 30 is trading over the HV 10.
iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.
Call traders moving in VZ- possible roll down
Shares of Verizon Inc. (VZ) are down 2.5% to 46.31.? VZ is near the lower end of the 52 week range.
Paper traded 11752/9499 VZ Jan 47/50 call spreads for .83.
- The ADV is 31k.
- The OI is 10756 and 55046 contracts.
The volume went up in 2 large blocks. Both legs traded through offer at the time where the upper leg could easily be closing with and the lower leg looking buying.? The trade if rolling down is still bullish but paper is looking for a closer strike.? Look to see if more of the Jan 50 strike rolls down.
- IV 30 is trading for 19.
- HV10 is trading for 16.
- IV 30 is trading under the HV 10.
Verizon Communications Inc. (Verizon) is a holding company. Through its subsidiaries, Verizon is engaged in delivering broadband and other wireless and wireline communications services to consumer, business, Government and wholesale customers.