5000 CX Jul 10/13 call spreads went up in 2 blocks marked spread and looking like a buyer.? Paper also bought the CX Apr 9/10 strangle.

Calls spreads trade in CX- call spread buyers

CX

Shares of Cemex SAB (CX) are down .10 to 9.48 today. ??CX is near the bottom 52 week range.

Paper traded 5000 CX Jul 10/13 call spreads for .76.?

  • The ADV is 8394 contracts.
  • The OI is 1348 and 31 contracts.

The volume went up in 2 blocks.? They went up marked spread and looking like a buyer.? Paper also bought the Apr 9/10 strangle in CX.? The investor is looking for move up back the highs for the name.

  • IV 30 is trading for 47%.
  • HV10 is trading for 31%.
  • IV 30 is trading above the HV 10.

Cemex SAB de CV (CEMEX) is a Mexico-based company principally engaged, through its subsidiaries, in the cement manufacturing. The Company produces, distributes and sells cement, clinker, ready-mix concrete, aggregates, concrete blocks, roof tiles, concrete pipes and related building materials in numerous countries worldwide. The Company?s main production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, the Dominican Republic, the United Kingdom, Croatia, Panama, Latvia, Puerto Rico, Thailand, Costa Rica and Nicaragua.

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Puts trade in VXX- possible closing put trader

VXX

Shares of iPath SP 500 VIX short term ETN (VXX). ?VXX is in the middle of the 52 week range.

Paper traded 6000 VXX Jan 30 Weekly 29 puts for .06. ??

  • The ADV is 296k contracts.
  • The OI is 21000 contracts.

The volume went up in block.? Total trade on the strike is over 10k contracts with either short covering or a cheap bet in a volatility collapse in VXX.? The puts are offered .05 now with no takers.

  • IV 30 is trading for 71%.
  • HV10 is trading for 61%.
  • IV 30 is trading above the HV 10.

The Ipath S&P 500 VIX Short Term Future ETN (VXX) tracks the two near term VIX futures maintaining a 30 day duration mix of futures.

 

 

Mass put buyers in WU- earning put buyers

WU

Shares of The Western Union Co. (WU) are down .02 to 17.34. WU is near the middle of the 52 week range.

Paper traded 1968 WU Feb 16 puts for .20.?

  • The ADV is 3510 contracts. ?
  • The OI is 733contracts.

The volume went up in 1 block.? Subsequent volume is pushing trade on the strike over 11500 contracts as the IV jumps 5 points.? Traders are looking for an earnings dump here.? Even after heavy buying the puts are still offered .20.

  • IV 30 is trading for 34%.
  • HV10 is trading for 26%.
  • IV 30 is trading over the HV 10.

The Western Union Company (Western Union) is engaged in money movement and payment services. The Company?s business payments service provides consumers and businesses with options for making one-time or recurring bill payments, including business-to-business payment transactions, which are primarily cross-border, cross currency transactions.