3500 SPY Jun 194 put and Jun 219 call strangles went up in 2 large blocks on the ISE marked straddle.?
Calls and Puts trade in the SPY- possible strangle close in SPY
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Shares of SPDR S&P 500 ETF (SPY) are down .37 to 211.25 today. ?SPY is near the top of the 52 Week range.
- Paper traded 3500 SPY Jun 194 put and Jun 219 call strangles for .93.
- The ADV is 2.1 mil contracts.
- The OI is over 50k contracts on both strikes.
The volume went up in 2 large blocks on the ISE marked straddle.? Total volume on the strike is over 30000 as big blocks of this strangle go up on multiple exchanges.? The trader is probably buying back some short strangles having sold them when the IV was higher just last week.? This means they think the drop in IV is over for now.
- IV 30 is trading for 11.5%.
- HV10 is trading for 13%.
- IV 30 is trading below the HV 10.
SPDR S&P 500 ETF Trust (the Trust) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index. The S&P 500 Index is composed of 500 selected stocks and spans over 24 separate industry groups.
Puts trade in ASPS- looks like rolling put protection
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Shares Altisource Portfolio Solutions (ASPS) are up 1.36 to 31.32 today. ??ASPS is near the middle of the 52 week range.
- Paper traded 1700 ASPS Jul/Oct 15 put spreads for .45.
- The ADV is 1428 contracts.
- The OI is 2018 and 808, respectively.
The volume went up in 2 blocks marked spread. ??A total of 2000 spreads went up as the trader rolls protection from Jul to Oct.? ASPS has traded as low as 15 recently and this could be a put and stock play just rolling puts to a farther month.
- IV 30 is trading for 69%.
- HV10 is trading for 100%.
- IV 30 is trading below the HV 10.
Altisource Portfolio Solutions S.A. (Altisource) is a provider of marketplace and transaction solutions for the real estate, mortgage and consumer debt industries.
Calls trade in IRM- calls spread buyers looking for old highs
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Shares of Iron Mountain Inc. (IRM) are up .11 to 35.11 today.? IRM is near the middle of the 52 week range.
- Paper traded 8000 IRM Jan 2016 37.5/42.5 call spreads for 1.00.
- The ADV is 597 contracts. ?
- The OI is 302 and 56 contracts.
The volume went up in 2 blocks on ARCA marked spread.? This trade is priced as a call spread buy so the trader is looking for a run back to the highs for IRM.? The call spread would be some of the larger new OI in IRM.
- IV 30 is trading for 24%.
- HV10 is trading for 37%.
- IV 30 is below the HV 10.
Iron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services.