3999 SCCO Mar 21 puts went up in 1 large block.? This trade is an opening put buyer with paper buying puts in pretty much every strike in Mar.
Puts are trading in SCCO ? put buyers pile in
Shares of Southern Copper Corp. (SCCO) are down 1.26 to 25.28 today.? SCCO is making a 52 week low.
Paper traded 3999 SCCO Mar 21 put for .55. ?
- The ADV is 1045 contracts.
- The OI is 0 contracts.
The volume went up in 1 large block.? This trade is an opening put buyer with paper buying puts in pretty much every strike in Mar.? IV is up 8 points as speculators are looking for new lows in copper.
- IV 30 is trading for 42%.
- HV10 is trading for 41%.
- IV 30 is trading above the HV 10.
Southern Copper Corporation (SCC) is an integrated copper producer. The Company produces copper, molybdenum, zinc and silver. The Company has three operating segments Peruvian operations, Mexican open-pit operations and Mexican underground mining operations (IMMSA unit).All of its mining, smelting and refining facilities are located in Peru and Mexico and it conducts exploration activities in those countries and in Argentina, Chile and Ecuador.
Puts trade in SE- put buyers
Shares of Spectra Energy Corp. (SE) are down .41 to 33.13. ??SE is making a 52 week low.
Paper traded 10000 SE Feb 33 puts for 1.45.?
- The ADV is 2238 contracts.
- The OI is 149 contracts.
The volume went up in 1 giant block. ?This trade did not go up as a spread or buy write but 100000 shares did print within 2 minutes of the option block.? This would make the trade a delta neutral backspread.? The trader is looking for an extreme move if that is the case.
- IV 30 is trading for 32%.
- HV10 is trading for 28%.
- IV 30 is trading over the HV 10.
Spectra Energy Corp (Spectra Energy) through its subsidiaries and equity affiliates, owns and operates a portfolio of complementary natural gas-related energy assets and is a natural gas infrastructure company.
Huge call spread in RICE- possible call rollers.
Shares of Rice Energy Inc. (RICE) are up .28 to 17.15.? RICE is near the bottom of the 52 week range.
Paper traded 17500 RICE Apr 20/25 call spreads for 1.25.?
- The ADV is 1420 contracts. ?
- The OI is 12043 contracts.
The volume went up in 2 giant blocks.? The spread went up right between the marks but leaning heavily toward the buy side.? The Apr 25s have a large OI so this is mostly a readjusting trade trying to get the options closer to the money for a pop.
- IV 30 is trading for 80%.
- HV10 is trading for 82%.
- IV 30 is trading over the HV 10.
Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin.