3000 BYD Jan/Mar 12/13 call spreads went up in several 1000 lot blocks. Looks like a good trade wanting more.
Calls trade in CY- possible roll
Shares of Cypress Semiconductor Corp (CY) are up .21 to 14.03 today.? CY is near the top of the 52 week range.
Paper traded 23890 CY Jan 14 calls for .10.?
- The ADV is 4155 contracts.
- The OI is 29262 contracts.
The volume went up in 1 block.? This trade looks like a straight buy to close on the Jan with a substantial block going up on another exchange near the offer.? The trades are not marked as spread but the Feb is looking like buy to open paper.
- IV 30 is trading for 49%.
- HV10 is trading for 49%.
- IV 30 is trading at the HV 10.
Cypress Semiconductor Corporation (Cypress), delivers high-performance, mixed-signal and programmable solutions. The Company operates in four segments: Consumer and Computation Division, Data Communications Division, Memory Products Division, and Emerging Technologies and Other.
Large call sellers in GDP- buy write type of paper
Shares of Goodrich Petroleum Corp. (GDP) are up .24 to 2.97 today. ??GDP is near the bottom of the 52 week range.
Paper traded 17920 GDP Feb 3 calls at .25-.30 ??
- The ADV is 8839 contracts.
- The OI is 14585 contracts.
The volume went up in 2 huge blocks.? Volume on the strike is over 21k contracts with traders heavily writing the strike.? The trade is consistent with buywrite-type action with a near 10% for 30 day hold.? No stock printed with these calls so it is assumed the investor is long the underlying already.
- IV 30 is trading for 136%.
- HV10 is trading for 100%.
- IV 30 is trading above the HV 10.
Goodrich Petroleum Corporation is an independent oil and natural gas company engaged in exploration, development and production of oil and natural gas on properties primarily in Northwest Louisiana, East Texas and South Texas. It includes the Haynesville Shale and Cotton Valley Taylor Sand in Northwest Louisiana and East Texas, the Eagle Ford Shale and Buda Lime formations in South Texas and the Tuscaloosa Marine Shale in Southeast Louisiana and Southwest Mississippi.
Call roll ups in BYD- trader moving up and out
Shares of Boyd Gaming Corp (BYD) are even at 12.96 today. ??BYD is near the top of the 52 week range.
Paper traded 3000 BYD Jan/Mar 12/13 call spreads for even to .05.
- The ADV is 2214 contracts. ?
- The OI is over 8654 and 534 contracts.
The volume went up in several 1000 lot blocks.? Open interest is large in Jan and light in Mar which makes this look like a money roll.? The customer is staying long by buying the Mar?s.? Looks like a good trade wanting more.
- IV 30 is trading for 45%.
- HV10 is trading for 32%.
- IV 30 is trading over the HV 10.
Boyd Gaming Corporation (Boyd Gaming), incorporated in June 1988, is a multi-jurisdictional gaming company. The Company is an operator of 16 wholly owned gaming entertainment properties and one controlling interest in a limited liability company. It has gaming operations in Nevada, Illinois, Louisiana, Mississippi, Indiana and New Jersey. It operates in four segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Atlantic City.


