7015 SGMS Jan 12.5/Apr 15 call spreads went up in 2 giant blocks. They are rolling out to buy time as the market corrects short term.
Calls trade in MCD- Longs roll back
Shares of McDonald?s Corp (MCD) are up .11 to 92.34 today.? MCD is near the middle of the 52 week range.
Paper traded 35000 MCD Jan/Feb 95 calls for 1.37 today. ?
- The ADV is 31766 contracts.
- The OI is 93035 and 10140 contracts.
The volume went up in 2 giant blocks.? Paper is rolling form Jan to Feb and trying to maintain the long position.? There are about 60k more calls to roll.
- IV 30 is trading for 23%.
- HV10 is trading for 11%.
- IV 30 is trading above the HV 10.
McDonald?s Corporation franchises and operates McDonald?s restaurants in the global restaurant industry. These restaurants serve menu at various price points providing value in 119 countries globally. All restaurants are operated either by the Company or by franchisees, including conventional franchisees under franchise arrangements, and developmental licensees and foreign affiliated markets under license agreements.
Calls trade in SIRI- big seller
Shares of Sirius XM holdings (SIRI) are down .04 to 3.35 today. ??SIRI is near the middle of the 52 week range.
Paper traded 50000 SIRI Mar 3.5 calls for .08. ??
- The ADV is 10258 contracts.
- The OI is 27311 contracts.
The volume went up in 1 block.? The calls are still offered for .08 and the IV in the month is down slightly.? The trade is most likely a dedicated buy writer looking for takeaway at 3.5.? The straight call yield is 2.5%
- IV 30 is trading for 23%.
- HV10 is trading for 13%.
- IV 30 is trading over the HV 10.
Sirius XM Holdings, Inc. is a radio broadcaster. The Company provides satellite radio services in the United States and Canada. The Company creates and broadcasts commercial-free music; sports talk and live events; comedy; news; exclusive talk and entertainment, and the Latin music, sports, and talk programming in radio. The Company also provides traffic, weather, data, and information services for subscribers in cars, trucks, recreational vehicle (RVs), boats, and aircraft through SiriusXM Traffic, SiriusXM Travel Link, NavTraffic, NavWeather, SiriusXM Aviation, SiriusXM Marine, Sirius Marine Weather, XMWX Aviation, and XMWX Marine.
Call rolls in SGMS- Up and out roll
Shares of the Scientific Games Corp (SGMS) are down .78 to 12.68 today. ??SGMS is near the middle of the 52 week range.
Paper traded 7015 SGMS Jan 12.5/Apr 15 call spreads for .65.?
- The ADV is 1703 contracts. ?
- The OI is 15594 and 5785 contracts.
The volume went up in 2 giant blocks.? The huge open interest in the Jan is probably a long call close where the customer is jumping in the Apr 15s.? They are rolling out to buy time as the market corrects short term.
- IV 30 is trading for 96%.
- HV10 is trading for 50%.
- IV 30 is trading over the HV 10.
Scientific Games Corporation (Scientific Games) is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company operates through three operating units: Gaming, Lottery and Interactive.