5000 Low Mar 75 calls went up in one block on the PHLX. This was either a buy writer closing, no volume to roll, or a savvy trader loading up on some near the money calls into the rally.
Puts trade in SLCA- rolling put spread
Shares US Silica Holdings Inc. (SLCA) are down 1.55 to 27.89 today.? SLCA is at the lower end of the 52 week range.
- Paper traded 5000 SLCA Sep 23/24 put spreads for .45.
- The ADV is 3731 contracts.
- The OI is 92 and 5022
The volume went up in two blocks.? SLCA is trading near year lows as this trader rolls down a Sep 24 put to a Sep 23 puts. UA profiled the 24 puts trading as part of a risk reversal on Feb 27th and the trader is already rolling them down one strike as the name is looking weak.? Initially this was a bullish trade but they want more room now.
- IV 30 is trading for 60%.
- HV10 is trading for 48%.
- IV 30 is trading above the HV 10.
U.S. Silica Holdings Inc. is a producer of industrial minerals. The Company produces sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay and aplite clay.
Put trade in EWZ- possible long put closer
Shares of the iShares MSCI Brazil Index (EWZ) are up .33 to 29.64 today. EWZ is near the bottom of the 52 week range.
- Paper traded 5303 EWZ Apr 28 puts at .74.
- The ADV is 69000 contracts.
- The OI is 8440 contracts.
The volume went up in in 1 block.? EWZ is on year lows and this could be a customer taking profits.? Check the OI but it would appear this trader is taking year lows off a bounce and exiting.
- IV 30 is trading for 29%.
- HV10 is trading for 21%.
- IV 30 is above the HV 10.
iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index).
Calls trade in LOW- near term ATM calls trade
Shares of Lowe?s Co. (LOW) are up 1.33 to 75.51 today. ?LOW is near the upper end of the 52 week range.
- Paper traded 5000 Low Mar 75 calls for .84.
- The ADV is 6721 contracts. ?
- The OI is 9522 contracts.
The volume went up in one block on the PHLX.? This call trader snuck in just off the offer to buy these calls and now they are .96 bid.? This was either a buy writer closing, no volume to roll, or a savvy trader loading up on some near the money calls into the rally.? Check the OI on this tomorrow.
- IV 30 is trading for 21%.
- HV10 is trading for 22%.
- IV 30 is below the HV 10.
Lowe?s Companies, Inc. is a home improvement retailer. Lowe’s operated approximately 1,832 home improvement and hardware stores in the United States, Canada and Mexico representing 200 million square feet of retail selling space.