8403 PHM Feb 22 calls went up in 1 block & is consistent with a stock over writer that uses call premium to help finance stock.?
Block of FXI calls trade ? ratio buy write
Shares of iShares FTSE XINHUA China ETF (FXI) are trading even to 41.67.? FXI is near the top of the 52 week range.
Paper traded 6000 FXI Apr 45 calls for .97. ?
- The ADV is 98k contracts.
- The OI is 10 contracts.
The volume went up in 1 large block.? This trade went up marked buy-write with 180000 shares going up with in 1 minute of the call block.? The stock was priced through the offer so this could be a ratio buy write with long stock.? The customer is looking for a range but not a big move to April.
- IV 30 is trading for 26%.
- HV10 is trading for 26%.
- IV 30 is trading at the HV 10.
iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods.
Protected stock play in JNPR- puts and stock
Shares of Juniper Networks, Inc. (JNPR) are up .02 to 22.75 today. ??JNPR is at the lower end of the 52 week range.
Paper traded 5000 JNPR Jan 20 put for .07. ??
- The ADV is 6834 contracts.
- The OI is 27k contracts.
The volume went up in 1 block.? Stock traded marked derivative around the same time but only 25k shares.? That would make the puts going up with the stock about delta neutral.? The trader is looking for a big short term move in JNPR.
- IV 30 is trading for 28%.
- HV10 is trading for 18%.
- IV 30 is trading under the HV 10.
Juniper Networks, Inc. (Juniper Networks) designs, develops, and sells products and services that together provide its customers with network infrastructure. It operates in two segments: Infrastructure and Service Layer Technologies (SLT).
Calls trade in PHM- looks like a continuing call seller
Shares of Pulte Group (PHM) are up .15 to 21.15. ??PHM is near the upper end of the 52 week range.
Paper traded 8403 PHM Feb 22 calls for .53.?
- The ADV is 4619 contracts. ?
- The OI is 78 contracts.
The volume went up in 1 block.? The trade is consistent with a stock over writer that uses call premium to help finance stock.? The straight call yield is 2.5% to Feb expiration.
- IV 30 is trading for 26%.
- HV10 is trading for 24%.
- IV 30 is trading over the HV 10.
PulteGroup, Inc. is a homebuilder in the United States. The Company?s subsidiaries engage primarily in the homebuilding business. It also offers mortgage banking operations through Pulte Mortgage LLC and title operations. Homebuilding, its core business, includes acquiring and developing land primarily for residential purposes within the United States and constructing houses on such land.