33249 XLI Mar 55 puts went up in 1 giant block.? Trade on the strike is 54038 as put buyers push up prices of Mar options by .5 point.?

Size puts trade in XLI- massive opening put buy

XLI

Shares of Sector SPDR Trust Industrial (XLI) are up .33 today to 56.71.? XLI is near the high end of the 52 week range.

Paper traded 33249 XLI Mar 55 puts for .82.?

  • The ADV is 10352 contracts.
  • The OI is 9503 contracts.

The volume went up in 1 giant block.? Trade on the strike is 54038 as put buyers push?up prices of Mar options by .5 point.? There is no real stock posting against this so the trade could be a straight spec on the downside.

  • IV 30 is trading for 16%.
  • HV10 is trading for 16%.
  • IV 30 is trading at the HV 10.

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.

 

Call buyers in OWW- upside spec on another bid

OWW

Shares of Orbitz Worldwide (OWW) are up 2.07 to 11.69 today. OWW is making a 52 week high.

Paper traded 60000 OWW May 12 calls for .10.?

  • The ADV is 1000 contracts.
  • The OI is 220 contracts.

The volume went up in 6 large blocks marked buy-write.? Large blocks of stock traded preopen and the trader is buying May 12 calls against them.?? This could be a stock close with an extra call in case another bid emerges for OWW.

  • IV 30 is trading for 16%.
  • HV10 is trading for 52%.
  • IV 30 is below the HV 10.

Orbitz Worldwide, Inc. is a global online travel company (OTC) that uses technology to enable leisure and business travelers to research, plan and book a range of travel products and services. The Company’s brand portfolio includes Orbitz, CheapTickets, and the Away Network in the Americas, ebookers in Europe and HotelClub and RatesToGo based in Australia, which have operations globally.

 

Puts trading in AXP- looks like an opening put seller

?AXP

Shares of the American Express Co. (AXP) are down 5.20 to 80.80 today. ??AXP is near the low end of the 52 week range.

Paper traded 900 AXP Mar 06 Weekly 80 puts at 1.17 today.?

  • The ADV is 10152 contracts. ?
  • The OI is 5 contracts.

The volume went up in several blocks.? Early markets were 1.10 and 1.13 bid when the 1.17 came in initially. ?As AXP started to drop, the resting 1.17 offer was filled.? The customer appears to want to own AXP for sub-80 dollars.

  • IV 30 is trading for 21%.
  • HV10 is trading for 16%.
  • IV 30 is trading over the HV 10.

American Express Company is a global services company. The Company?s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses worldwide. The Company operates in four segments: U.S. Card Services, International Card Services, Global Commercial Services (GCS) and Global Network & Merchant Services (GNMS).