It looks like traders are closing out losing positions and taking tax losses in JIVE, CONN, and ATLS.
Puts trade in JIVE- possible closer
Shares of Jive Software (JIVE) are flat at 6.01 today.? JIVE is near the bottom of the 52 week range.
Paper traded 2000 JIVE Jan 10 puts at 4.00. ?
- The ADV is 1543 contracts.
- The OI is 18397 contracts.
The volume went up in 1 block.? Paper did trade more of these puts as they look like closing out a large position.? JIVE is near 52 week lows and the trader looks like they want to close out and take profits.? The puts are trading for around parity.
- IV 30 is trading for 54%.
- HV10 is trading for 41%.
- IV 30 is trading above the HV 10.
Jive Software, Inc. (Jive) provides a social business software platform. The Company is focused on unlocking the power of the enterprise social graph, which is the extended social network of an enterprise, encompassing relationships among its employees, customers and partners, as well as their interactions with people, content, and business information.
ATLS calls close- .01 trade way OTM
Shares of Atlas Energy LP are down .26 to 31.40. ??ATLS is trading near the bottom of the 52 week range.
Paper traded 28000 ATLS Jan 50 calls for .01. ??
- The ADV is 1540 contracts.
- The OI is 34419 contracts.
The volume went up in 1 block.? This trade looks like an end of the year capital loss mark for .01.??? Still more volume to go.
- IV 30 is trading for 60%.
- HV10 is trading for 71%.
- IV 30 is trading under the HV 10.
Atlas Energy, L.P. (Atlas Energy) is a limited partnership. The Company’s assets consist of the Company’s ownership interests in the Atlas Resource Partners, L.P. (ARP), an independent developer and producer of natural gas, crude oil and natural gas liquids (NGL), with operations in basins across the United States; Atlas Pipeline Partners, L.P
Call buyer in CONN
Shares of CONN?s Inc. (CONN) are up .45 to 18.70. ??CONN is near the bottom of the 52 week range.
Paper traded 2450 CONN Apr 36 calls for .10.?
- The ADV is 4108 contracts.
- The OI is 5021.
The volume went up in 1 block.? A second block went up for .05 as the trader is booking the loss for 2014.
- IV 30 is trading for 92%.
- HV10 is trading for 97%.
- IV 30 is trading under the HV 10.
Conn?s, Inc. is a holding company. The Company is a specialty retailer of durable consumer products, and it also provides consumer credit to support its customers? purchases of the products that it offer. The Company derives revenue primarily from two sources: retail sales and delivery of consumer electronics, home appliances, furniture and mattresses, lawn and garden equipment and repair service agreements, and its in-house consumer credit program, including sales of related credit insurance products.