381 LNKD May 190/200 put spreads went up in 2 blocks on the PHLX.?
Combos trading in NBL- call spreads and puts into earnings
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Shares of Noble Energy Inc. (NBL) are up .52 to 50.77 today. NBL is near the middle of the 52 Week range.
- Paper traded 5000 NBL Jun 52.5/57.5 call spreads for 1.10 and the 47.5 puts for 1.10.
- The ADV is 1298 contracts.
- The OI is less than 200 contracts in all 3 strikes.
The volume went up in several blocks on the PHLX.? There were several sweeps of options before the Jun 52.5 calls were posted.? The 57.5 calls and 47.5 puts went up near the bid and the Jun 52.5 calls finally cleared the market so the package trade went up around even money.? The trade looks bullish as the call spread would be financed by the puts.? NBL has earnings tomorrow morning so there is some risk here if NBL tanked on earnings.
- IV 30 is trading for 36%.
- HV10 is trading for 23%.
- IV 30 is trading above the HV 10.
Noble Energy, Inc. is an energy company engaged in oil and gas exploration and production around the world. The Company?s portfolio is diversified between short-term and long-term projects, both onshore and offshore, and domestic and international.
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Calls go up IN GSAT
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Shares of GlobalStar, Inc. (GSAT) are up .01 to 2.55 today. ??GSAT is near the middle of the 52 week range.
- Paper traded 5000/10000 GSAT Oct 3 / 4 call ratio spreads for .05 debit.
- The ADV is 2998 contracts.
- The OI is 422 and 203 contracts.
The volume went up in two giant blocks. ??In this case the trader is looking for a move higher but not too high.? The move is somewhere with a top around $4 between now and Oct.? The IV in OCT is already very high so this ratio spread is a way to take advantage of that.? The trade is priced as buying one and selling two so $5 would be the max prices for the trade to still be successful.
- IV 30 is trading for 95%.
- HV10 is trading for 48%.
- IV 30 is trading above the HV 10.
Globalstar, Inc. (Globalstar) is a provider of mobile voice and data communications services globally via satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters.
Puts trade in LNKD- put spreads going up
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Shares of Linkedin Corp (LNKD) are down 3.58 to 201.65 today.? LNKD is near the middle of the 52 week range.
- Paper traded 381 LNKD May 190/200 put spreads for 1.08.
- The ADV is 23995 contracts. ?
- The OI is 2010 and 1851 contracts.
The volume went up in 2 blocks on the PHLX.? Puts spreads also went up on the ISE for $1 and the buyer seems to be accumulating the spreads.? There is some OI so they could be closing an existing position before LNKD gets going lower.? Either way the thinking is more downside to come.
- IV 30 is trading for 30%.
- HV10 is trading for 104%.
- IV 30 is below the HV 10.
LinkedIn Corporation (LinkedIn) is a professional network on the Internet with approximately 300 million members in over 200 countries and territories. The Company?s Free Solutions includes ability to manage professional identity, ability to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access.