13600 LL Jan/Feb 60 put spreads went up in 3 giant blocks. The IV is at the top of the 52 range here so the purchase is very expensive.
Calls trade in EWI- upside call buyers
Shares of iShares MSCI Italy Index (EWI) are down .72 to 12.90.? EWI is making a 52 week low.
Paper traded 2250 EWI Feb 14 calls for .20-.25.
- The ADV is 932 contracts.
- The OI is 30 contracts.
The volume went up in 2 large blocks.? Paper bought these calls on split prices with an extra 500 calls going up.? The trader is either hedging a short position or looking for a big bounce in EWI shares on the back of the Euro Zone worries.
- IV 30 is trading for 32%.
- HV10 is trading for 14%.
- IV 30 is trading above the HV 10.
iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (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 MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.
Opening Call buyers in LOCK- looking for a bounce
Shares of Lifelock Inc. (LOCK) are down .89 to 14.99 today.? LOCK is near the middle of the 52 week range.
Paper traded 2000 LOCK Jan 15 calls for .50. ??
- The ADV is 1573 contracts.
- The OI is 222 contracts.
The volume went up in 1 block.? The trade is opening sweeping the offer from the ISE.? The calls are now .55 bid as of this writing.? A well timed buyer is looking for a bounce here.
- IV 30 is trading for 52%.
- HV10 is trading for 88%.
- IV 30 is trading under the HV 10.
LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment and an enterprise segment. In its consumer segment, the Company offer identity theft protection services to consumers on a monthly or annual subscription basis.
Puts roll in LL- Jan to Feb roll
Shares of the Lumber Liquidators Holdings (LL) are down .49 to ???LL is near the middle of the 52 week range.
Paper traded 13600 LL Jan/Feb 60 put spreads for 4.10.?
- The ADV is 4008 contracts. ?
- The OI is 13894 and 1920 contracts.
The volume went up in 3 giant blocks.? Options were taken down and reprinted but it does look like the trader sold to close the Jan 60 puts and bought to open the Feb 60 puts.? If the put spread is a hedge against stock the roll would make sense.? Right now LL is up at the near term highs for the name so any long puts would not have made much.? The IV is at the top of the 52 range here so the purchase is very expensive.
- IV 30 is trading for 78%.
- HV10 is trading for 28%.
- IV 30 is trading under the HV 10.
Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of wood flooring, which includes prefinished domestic and exotic hardwoods, engineered hardwoods, unfinished hardwoods, bamboo, cork and laminates, as well as resilient flooring. Its flooring enhancements and accessories include moldings, noise-reducing underlay and adhesives.