6299 BABA Jan 120 calls went up in 1 block w/ a block of 100k shares, so the trader is probably putting on some sort of long gamma trade. ?
Calls trade is USB
Shares of US Bancorp (USB) are up .28 to 45.49 today.? USB is at the top of the 52 week range.
Paper traded 3645 USB Jan 45.5 calls for .48. ?
- The ADV is 7041 contracts.
- The OI is 0contracts.
The volume went up in 1 block.? Calls are trading on and near the offer with paper buying upside here.? Traders are looking for a jump in USB.
- IV 30 is trading for 13%.
- HV10 is trading for 24%.
- IV 30 is trading under the HV 10.
U.S. Bancorp (U.S. Bancorp) is a multi-state financial services holding company. U.S. Bancorp provides a range of financial services, including lending and depository services, cash management, foreign exchange and trust and investment management services.
Calls go up in BABA
Shares of Alibaba Holding Group ltd (BABA) are down 1.90 to 108.79 today.? BABA is in the upper end of the 52 week range.
Paper traded 6299 BABA Jan 120 calls for .95. ??
- The ADV is 182k contracts.
- The OI is 19573 contracts.
The volume went up in 1 block.? A large block of 100k shares went up with the calls so the trader is probably putting on some sort of long gamma trade.? They are looking for a big move in BABA in the Jan cycle.
- IV 30 is trading for 37%.
- HV10 is trading for 31%.
- IV 30 is trading over the HV 10.
Alibaba Group Holding Limited is an online and mobile commerce company. The Company operates its ecosystem as a platform for third parties. The Company operates Taobao Marketplace, China?s online shopping destination, Tmall, China?s third-party platform for brands and retailers and Juhuasuan, China?s group buying marketplace.
Calls trade in COP- possible roll up or in
Shares of Conoco Phillips (COP) are down 1.41 to 69.56 today. ??COP is near the lower end of the 52 week range.
Paper traded 10000 COP Jan 70/77.5 call spreads for 1.75.?
- The ADV is 17767 contracts. ?
- The OI is 38926 and 10580 contracts.
The volume went up 2 giant blocks.? Paper looks like they were rolling out of the Jan 70s into the 77.5 calls so this would be a house money roll where the trader got in at a lower price on the Jan 70.? They are still looking for upside here and are taking some money off the table.
- IV 30 is trading for 32%.
- HV10 is trading for 48%.
- IV 30 is trading under the HV 10.
ConocoPhillips is an independent exploration and production (E&P) company, based on proved reserves and production of liquids and natural gas. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids on a worldwide basis.



