9980 CS Mar 22/25 call spreads went up 4 large blocks marked spread, and could be a roll up to lock in the recent rally for CS.?
Calls trade in CS- possible call roller in here
Shares of Credit Suisse Group AG (CS) are up .59 to 24.95 today.? CS is near the bottom of the 52 week range.
Paper traded 9980 CS Mar 22/25 call spreads at 2.10. ?
- The ADV is 1560 contracts.
- The OI is 11110 and 22751 contracts.
The volume went up 4 large blocks marked spread.? This spread could be a roll up to lock in the recent rally for CS.? The larger volume is on the 25 strike, which suggests the customer is still rolling the options up.? Check the OI tomorrow to see if the 25s are additive.? CS has made a huge move off of the bottom lately.
- IV 30 is trading for 26%.
- HV10 is trading for 46%.
- IV 30 is trading below the HV 10.
Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking, Investment Banking and Asset Management. In Private Banking, it offers advice and a range of financial solutions to private, corporate and institutional clients. Investment Banking provides a range of financial products and services, with a focus on businesses that are client-driven, flow-based and capital-efficient.
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Calls trading in ARO- possible call stupids
Shares of Aeropostale Inc. (ARO) are up .01 to 3.77 today.? AMAT is near the high end of the 52 week range.
Paper traded 10000 and 10000 Jan 2016 5.5 and 7 calls for .45 and .25. ??
- The ADV is 2927contracts.
- The OI is 607 and 2508 contracts.
The volume went up in two blocks marked spread.? Both sides of the trade straight lifted the offer at the time so this spread is more like a ?stupid? where the call buyers are looking to own both calls.? No stock printed against these calls.
- IV 30 is trading for 70%.
- HV10 is trading for 92%.
- IV 30 is trading below the HV 10.
Aeropostale, Inc., (Aeropostale) is a mall-based retailer of casual apparel and accessories for 14 to 17 year-old women and men through its Aeropostale stores and 4 to 12 year-old kids through its postscript (P.S.) from Aeropostale stores.
Calls trading in AXL- short call roll
Shares of American Axle and Manufacturing (AXL) are up .25 to 25.39 today. ??AXL is trading near the top end of the 52 week range.
Paper traded 4750 AXL Feb/Mar 25 calls for .60. ?
- The ADV is 1349 contracts. ?
- The OI is 5727 and 4242 contracts.
The volume went up in many blocks. Trade on the spread is over 5400 contacts with the most likely scenario short Feb 25s rolling to Mar 25s.? This type of trade is consistent with a rolling buy writer trying to pick up yield.? .60 is yielding 2.3% to Mar at current price.
- IV 30 is trading for 30%.
- HV10 is trading for 19%.
- IV 30 is trading under the HV 10.
American Axle & Manufacturing Holdings, Inc. manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles.