12500 HRB Jul 34 calls and 9300 HRB Jan 2016 34 calls went up in 2 blocks on ARCA marked spread.
Calls trade in CLF- ITM call buyers
Shares of Cliffs Natural Resources Inc. (CLF) are up .33 to 5.44 today.? CLF is near the lower end of the 52 week range.
- Paper traded 2343 CLF Jul 5 calls for .73.
- The ADV is 19826 contracts.
- The OI is 1053 contracts.
The volume went up in one block on the PHLX. ??Total volume on the strike is over 10000 contracts with paper paying up to .77 on some contracts.? Overall the paper is bullish on this.? UA covered a call roll up on 04/28 in CLF.
- IV 30 is trading for 68%.
- HV10 is trading for 71%.
- IV 30 is trading below the HV 10.
Cliffs Natural Resources Inc. is an international mining and natural resources company. The Company is an iron ore producer and a producer of metallurgical coal. The Company?s operations are organized according to product category and geographic location: U.S. Iron Ore, Eastern Canadian Iron Ore, North American Coal, Asia Pacific Iron Ore, Asia Pacific Coal, Latin American Iron Ore, Ferroalloys, and its Global Exploration Group.
Calls trade in HRB- giant roll out???????????????????????????????????????
Shares of H&R Block Inc. (HRB) are up .02 to 31.89 today. ?HRB is near the middle of the 52 week range.
- Paper traded 12500 HRB Jul 34 calls and 9300 HRB Jan 2016 34 calls for .40 and 1.60.
- The ADV is 7789 contracts.
- The OI is 19991 and 21 contracts.
The volume went up in 2 blocks on ARCA marked spread. ??This trade looks like a giant roll out of some near term options into longer term options. The trader is most likely bullish but they did not get a lot of dollars for the Jul?s so they reduced size on the Jan 2016s.? The Jan traded well outside the market.
- IV 30 is trading 25%.
- HV10 is trading for 20%.
- IV 30 is trading above the HV 10.
H&R Block, Inc. (H&R Block) through its subsidiaries provides tax preparation and banking services. The Company’s Tax Services segment provides assisted income tax return preparation, digital tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States and its territories, Canada and Australia.
Puts trade in UPL- large put spread closes
Shares of Ultra Petroleum Corp. (UPL) are up .15 to 14.14 today. ?UPL is near the lower end of the 52 week range.
- Paper traded 8679 UPL Jun 10 puts and 5000 UPL Jun 15 puts for .08 and 1.30.
- The ADV is 5981 contracts.
- The OI is 14411 and 21467 contracts.
The volume went up in 2 giant blocks on MIAX and ARCA.? Puts traded huge volume today as traders closed several open positions on Jun 8/10 and 15 strikes.? IV is lower in all terms which would be consistent with the long put spreaders closing here.? There is substantial OI to close with UPL near the lows.
- IV 30 is trading for 54%.
- HV10 is trading for 43%.
- IV 30 is above the HV 10.
Ultra Petroleum Corp. (Ultra) is an independent oil and gas company. The Company is engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties.