7700/15400 AAPL Jan 2016 130/150 call spreads went 3 large blocks.? This AAPL trade looks like a bullish play into the end of the year.?
Calls trade in AAPL- size ratio call spread trades
Shares of Apple Inc. (AAPL) are up 2.07 to 127.01 today. ??AAPL is at the high end of the 52 week range.
- Paper traded 7700/15400 AAPL Jan 2016 130/150 call spreads for 1.60.
- The ADV is 1 million contracts.
- The OI is 54k by 37k contracts.
The volume went 3 large blocks.? This AAPL trade looks like a bullish play into the end of the year.? The customer is taking 1.60 in premium risk plus the short contract margin risk.? The ideal result would be a close around $150 down the road.? There is heavy open interest so check to make sure this is opening.
- IV 30 is trading for 25%.
- HV10 is trading for 20%.
- IV 30 is trading above the HV 10.
Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and sells a variety of related software, services, peripherals, networking solutions and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud and a variety of accessory, service and support offerings
Puts trade in EA- possible short put spread
Shares of Electronic Arts (EA) are down 1.64 to 54.17 today.? EA is near the top of the 52 week range.
- Paper traded 3850 EA Apr 2 Weekly 50/55 put spreads at 1.23.
- The ADV is 4389 contracts.
- The OI is 3800+ contracts on both strikes.
The volume went up in 2 large blocks between the markets.? EA is slumping off of recent highs and this put spread could be a sell to close.? The trader is taking the selloff and taking profits most likely.? Check the OI to make sure this is not additive tomorrow.
- IV 30 is trading for 25%.
- HV10 is trading for 20%.
- IV 30 is above the HV 10.
Electronic Arts Inc. is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services.
Calls go up in AAL- ratio time spreads go up
Shares of American Airlines Group Inc. (AAL) are up 3.51 to 53.74 today. ??AAL is near the top of the 52 week range.
- Paper traded 2000/5000 AAL Mar 50/May 57.5 calls for 1.15 (1 to 1 pricing).
- The ADV is 56000 contracts. ?
- The OI is 29000 and 17000 contracts.
The volume went up in 2 blocks.? This ratio trade has the Mar calls trading through the bid but getting decent prices for the May side.? The trade is most likely a house money roll with May now the active month.? Check the OI on this one as well but it is most likely close Mar and buy to open May.
- IV 30 is trading for 37%.
- HV10 is trading for 24%.
- IV 30 is above the HV 10.
American Airlines Group Inc., formerly AMR Corporation, operates in the airline industry. The Company’s principal subsidiary is American Airlines, Inc. (American).