9575 MSFT Jan 2016 35 puts traded over 50 calls for .05. Huge open interest on these strikes would indicate this is a closing trade.?
Calls roll in BWP- call owners roll
Shares of BoardWalk Pipeline Partners (BWP) are up .38 today.? BWP is near the middle of the 52 week range.
Paper traded 123061 and 43844 BWP Mar 17 and Sep 18 calls for 1.05 (1 to 1). ?
- The ADV is 4968 contracts.
- The OI is 123660 and 30
The volume went up in two blocks with one block taken down and re-priced.? This trade is a straight roll for flat dollars as the trader put this on for 3-1.? In this case, the Mar calls probably decayed to parity and did not generate enough return to go 1- 1.? This is still a long delta trade..
- IV 30 is trading for 46%.
- HV10 is trading for 27%.
- IV 30 is trading above the HV 10.
Boardwalk Pipeline Partners, LP is a limited partnership company. The Company owns and operates three interstate natural gas pipeline systems including integrated storage facilities. Its business is conducted by its primary subsidiary, Boardwalk Pipelines, LP (Boardwalk Pipelines) and its subsidiaries, Gulf Crossing Pipeline Company LLC (Gulf Crossing), Gulf South Pipeline Company, LP (Gulf South) and Texas Gas Transmission, LLC (Texas Gas) (together, the operating subsidiaries), which consist of integrated natural gas pipeline and storage systems.
Calls and puts trading in MSFT ? possible new risk reversal going up
Shares of Microsoft Corp (MSFT) are down .19 to 43.33.? MSFT is near the middle end of the 52 week range.
Paper traded 9575 MSFT Jan 2016 35 put over 50 calls for .05. ??
- The ADV is 149k contracts.
- The OI is 66961 and 116422 contracts.
The volume went up in two blocks.? Huge open interest on these strikes would indicate this is a closing trade.? However the put side printed through the bid which means this is generally an opening transaction.? Paper wants a long delta for lower cost, but higher margin.
- IV 30 is trading for 17%.
- HV10 is trading for 13%.
- IV 30 is trading above the HV 10.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers.
Calls trade in BXP- possible short diagonal spread
Shares of Boston Properties, Inc. (BXP) are down 3.37 to 138.40 today. ??BXP is trading near the middle of the 52 week range.
Paper traded 1011 BXP Feb 130.5/Mar 145 call spreads for 8.61. ?
- The ADV is 521 contracts. ?
- The OI is 1486 and 2173 contracts.
The volume went up in 2 large blocks. This trade looks like a closing short diagonal call spread where the trader created a short delta with the spread.? The Feb 130.5s traded .40 over parity indicating the customer bought those to close and sold out the May 145s.? If so the trade was very profitable as BXP is well off of its recent highs.? UA profiled Mar 125 puts buyers two weeks ago.
- IV 30 is trading for 19%.
- HV10 is trading for 20%.
- IV 30 is trading under the HV 10.
Boston Properties, Inc. is an integrated, self-administered and self-managed real estate investment trust (REIT) and owner and developer of office properties in the United States.