42754 MCD Mar 97 calls over 24654 MCD Jun 97.5 calls went up in two giant blocks mid-market

Calls go up in MCD- giant call roll

?MCD

Shares of McDonald?s Corp (MCD) are up .91 to 95.88 today.? MCD is near the middle of the 52 week range.

  • Paper traded 42754 MCD Mar 97 calls over 24654 MCD Jun 97.5 calls for 2.45.
  • The ADV is 43041 contracts.
  • The OI is 45470 and 17290 contracts.

The volume went up in two giant blocks mid-market.? MCD is making a move today and the trader is looking to close the Mar 97 calls and buy the Jun 97.5 calls.? The trade is most likely opening both sides but there is a chance this could be a synthetic buy write type of trade.? The trade is long delta if close / open.

  • IV 30 is trading for 20%.
  • HV10 is trading for 19%.
  • IV 30 is trading above the HV 10.

McDonald?s Corporation (McDonald?s) franchises and operates McDonald?s restaurants in the global restaurant industry. These restaurants serve a menu at various price points in more than 100 countries around the world.

 

Calls trade in TEVA- call roll

?TEVA

Shares of Teva Pharmaceuticals Inc. (TEVA) are up 1.35 to 58.97 today. TEVA is near the upper end of the 52 week range.

  • Paper traded 2000TEVA Mar 57.5/Apr 62.5 calls spreads for 1.46.
  • The ADV is 9049 contracts.
  • The OI is 9988 and 40 contracts.

The volume went up in one large block with Mar through the bid.? TEVA is the subject of some takeover spec and IV is up 3 points today.? This roll looks like profit taking in the Mar with rolling to the Apr for more upside.? Trader is still long.

  • IV 30 is trading for 27%.
  • HV10 is trading for 16%.
  • IV 30 is above the HV 10.

Teva Pharmaceutical Industries Ltd (Teva) is an Israel-based pharmaceutical and drug company. It develops, produces and markets generic drugs in all treatment categories. The Company has a pharmaceutical business, whose principal products include Copaxone and Azilect. Teva?s active pharmaceutical ingredient (API) business provides vertical integration to Teva?s own pharmaceutical production.

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Call spreads in HPT- buy write rollers

?HPT

Shares of Hospitality Properties Trust (HPT) are up .49 to 31.41 today. HTP is near the middle of the 52 week range.

  • Paper traded 2800 HPT Mar 33 Jun 31 calls spreads for .90.
  • The ADV is 1514 contracts. ?
  • The OI is over 6561 and 10 contracts.

The volume went up in two blocks near the middle of the market.? HPT is showing a slight rally today and this customer is using the rally to get better prices on a buy write roll.? The trader is closing some Mar 33 and rolling closer to the money on the Jun 31s.? The name pays a .49 dividend (ex d on Apr 21) which could make this a possible dividend capture play.

  • IV 30 is trading for 20%.
  • HV10 is trading for 29%.
  • IV 30 is below the HV 10.

Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company is engaged in buying, owning and leasing hotels. As of September 30, 2014, the Company owned or leased 291 hotels with 44,105 rooms or suites, and 185 travel centers.