6900 USO Feb 27 calls went up in 1 block and is either looking for a large bounce in USO or this is covering some sort of short position.

Put buyers in RSX ? more OTM puts

RSX

Shares of Market Vectors Russia ETF (RSX) are down .16 to 16.03.? RSX is near the bottom of the 52 week range.

Paper traded 6300 RSX Jan 12 puts for .15. ?

  • The ADV is 25089 contracts.
  • The OI is over 1619 contracts.

The volume went up in one large block.? Trade on the put strike is over 25k contracts with paper mostly buying.? Some of the trade went up at split prices of .125.? Steady put buyers are looking for RSX to make fresh lows.

UA last covered a put buyer in RSX on Nov 25th buying Dec 20.5 puts for .20.

  • IV 30 is trading for 43%.
  • HV10 is trading for 44%.
  • IV 30 is trading under the HV 10.

Market Vectors Russia ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the DAXglobal Russia+ Index (DXRPUS). DXRPUS is a modified market capitalization-weighted index consisting of publicly traded companies that are domiciled in Russia.?

 

Calls trade in USO- upside call buying

USO

Shares of the United States Oil Fund (USO) are down .56 to 22.11.? USO is making a 52 week low.

Paper traded 6900 USO Feb 27 calls for .32. ??

  • The ADV is 92k contracts.
  • The OI is 2802 contracts.

The volume went up in 1 block.? The trade is part of 34k+ contracts that went up with paper showing buy.? Jan 27 calls went up as well and this paper is looking for either a large bounce in Oil or this is covering some sort of short position.

  • IV 30 is trading for 46%.
  • HV10 is trading for 51%.
  • IV 30 is trading under the HV 10.

United States Oil Fund, LP (USOF) is a limited partnership. USOF is a commodity pool that issues limited partnership interests (units) traded on the NYSE Arca, Inc. (the NYSE Arca). The Company?s general partner is United States Commodity Funds LLC (the General Partner) and is responsible for the management of USOF. The investment objective of USOF is for the changes in percentage terms of its units? net asset value (NAV) to reflect the changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange (the NYMEX).

 

Calls trade in ODP- possible short close

ODP

Shares of Office Depot, Inc. (ODP) are up .27 to 7.81.? ODP is making a 52 week high.

Paper traded 36000 ODP Jan 8 calls at .45.?

  • The ADV is 5800 contracts. ?
  • The OI is 84k contracts.

The volume went up in 2 large blocks.? The calls we sold initially but buyers stepped in on the rally in ODP paying .50. The initial sale was probably a buy write for a decent yield of 5.5% to Jan expiration.? Over all the trade is most likely bullish.

  • IV 30 is trading for 56%.
  • HV10 is trading for 70%.
  • IV 30 is trading under the HV 10.

Office Depot, Inc. (Office Depot) is a global supplier of office products and services. The Company operates in three business segments: North American Retail Division, North American Business Solutions Division and International Division.