18500 FRO Jan 2/Feb 5 call spreads went up in 2 giant blocks w/ the Jan 2 trading for a .01 over parity and the Feb 5 .05 under the bid. ?
Calls trade in FRO- giant roll
Shares of Frontline ltd (FRO) are up .96 to 4.94 today.? FRO is near a 52 week high.
Paper traded 18500 FRO Jan 2/Feb 5 call spreads for 2.05. ?
- The ADV is 1789 contracts.
- The OI is 20834 and 257 contracts.
The volume went up in 2 giant blocks.? This trade went up with the Jan 2 trading for a .01 over parity and the Feb 5s .05 under the bid.? The trade that makes the most sense would be rolling out of long calls into a Feb 5 call.? If it was a short covering roll, the trader is holding onto larger unrealized gains and taking realized losses for a stock going straight up.? The trader probably accommodated because the delta was net positive.
- IV 30 is trading for 144%.
- HV10 is trading for 115%.
- IV 30 is trading above the HV 10.
Frontline Ltd. is a Bermuda-based shipping company engaged primarily in the ownership and operation of oil tanker. The Company operates oil tankers of two sizes: Very Large Crude Carriers (VLCCs), which are between 200,000 and 320,000 deadweight tonnages (dwt), and Suezmax tankers, which are vessels between 120,000 and 170,000 dwt.
Selling puts to own in JIVE- OTM put seller for small dollars
Shares of Jive Software (JIVE) are up .12 to 5.83. ??JIVE is near the bottom of the 52 week range.
Paper traded 10000 JIVE Feb 5 puts at .15.?
- The ADV is 1461 contracts.
- The OI is 5025 contracts.
The volume went up in 1 large block. ?Another 5000 of the same puts trade .15 on another exchange so the customer was looking to sell premium in the Feb cycle.? The put seller is happy with picking up JIVE at year lows.? The .15 for the puts is gone.
- IV 30 is trading for 61%.
- HV10 is trading for 34%.
- IV 30 is trading over 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.
Puts trade in EEM- Mar put buyers with possible stock
Shares of iShares MSCI Emerging Markets (EEM) are down .20 to 39.06 today. ??EEM is near the lower end of the 52 week range.
Paper traded 10000 EEM Mar 38 puts for .97.?
- The ADV is 275k contracts. ?
- The OI is 116k contracts.
The volume went up in 1 block.? Stock did go up near the print on the options as they were marked spread.? The option size of 10000 is a roughly 37 delta with 370000 shares printing.? The puts did trade though the bid so this would be a put and stock trader selling to close or adding a short gamma position at this higher IV level.? The pricing makes this one difficult so check the OI tomorrow.
- IV 30 is trading for 20%.
- HV10 is trading for 19%.
- IV 30 is trading over the HV 10.
Shares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets.