The Options Insider

Short Contract Collar In CBRE

by | May 18, 2015 | Unusual Activity

Short Contract Collar In CBRE, Put Block Trades In DSW, Possible Call Spread Buyers In TAP

 

Calls And Puts Trading In CBRE – Short Contract Collar

CBRE Logo

Shares of CBRE Group Inc. (CBRE) are up .04 to 38.61 today. CBRE is near the upper end of the 52 Week range.

  • Paper traded 4065 and 1626 CBRE Jul 41 calls over Jul 36/38 put spreads for .25 and .70.
  • The ADV is 369 contracts.
  • The OI is 0 contracts.

The volume went up in 3 blocks marked spread on ARCA. There is almost 3x the number of calls than put spreads. The pricing as posted looks like buying put spreads and selling calls after CBG is near the top of the recent range. The trader is looking for a bearish low dollar play or looking to hedge an equity position for small dollars.

  • IV 30 is trading for 19%.
  • HV10 is trading for 28%.
  • IV 30 is trading above the HV 10.

CBRE Group, Inc. is a holding company that conducts all of its operations through its indirect subsidiaries. The Company is a commercial real estate services and investment firm. The Company offers of services to occupiers, owners, lenders and investors in office, retail, industrial, multifamily and other types of commercial real estate.

 

Puts Trade In DSW – Put Block Trades

?DSW Logo

Shares of DSW Inc. (DSW) are up .17 to 35.47 today. DSW is near the upper end of the 52 week range.

  • Paper traded 2596 DSW Jul 35 puts for 1.60.
  • The ADV is 531 contracts.
  • The OI is 1887.

The volume went up in 1 block marked price variation on the CBOE. There is not stock printing near the size on the Jul 35s. The puts slowly traded down from higher levels with the bigger print coming at 1.60. Usually this means a steady seller of the option. The trader is looking for a good earnings report.

  • HV10 is trading for 37%.
  • IV 30 is trading 21%.
  • IV 30 is trading above the HV 10.

DSW Inc. (DSW) is a footwear and accessories retailer that offers a selection of brand name and designer dress, casual and athletic footwear and accessories for women, men and kids.

 

 

Calls Trade In TAP -Possible Call Spread Buyers

Molson Coors

Shares of Molson Coors Brewing Company (TAP) are up .42 to 75.42 today. TAP is near the upper end of the 52 week range.

  • Paper traded 3983 TAP Oct 85/95 call spreads fro 1.60.
  • The ADV is 6437 contracts.
  • The OI is 2753 and 501 contracts.

The volume went up in two blocks on the PHLX. Both legs were not marked spread but traded at the same time so the pricing as posted looks like an opening call spread buyer. The trader is looking for new highs in TAP.

  • IV 30 is trading for 25%.
  • HV10 is trading for 12%.
  • IV 30 is above the HV 10.

Molson Coors Brewing Company (MCBC) is a holding company. MCBC is a brewer and has a diverse portfolio of owned and partner brands, including signature brands Coors Light, Molson Canadian, Carling and Staropramen, as well as craft and specialty beers, such as Blue Moon, Creemore Springs, Cobra, Doom Bar and Thunderbolt. The Company?s four reporting segments include: Molson Coors Canada, operating in Canada; MillerCoors LLC, operating in the United States ; Molson Coors Europe, operating in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Romania, Serbia and Slovakia (collectively, Central Europe), as well as the United Kingdom and the Republic of Ireland; and Molson Coors International (MCI), operating in various other countries.