The Options Insider

Calls Trade in FCAU

by | Jun 12, 2015 | Unusual Activity

11000 FCAU Jul 16 calls went up in 2 blocks on the PHLX, but early call selling gave way to call buying.

Calls trade in FCAU- possible call buyer

FCAU

Shares of Fiat Chrysler Automobiles NV (FCAU) are up .03 to 15.88 today. ?FCAU is near the top of the 52 week range.

  • Paper traded 11000 FCAU Jul 16 calls for .55 and .60.
  • The ADV is 3136 contracts.
  • The OI 1948 contracts.

The volume went up in 2 blocks on the PHLX. ??Another block of calls went up so the total volume is over 13000 contracts on the Jul 16 strike. IV is up .5 so even with the calls trading mid ?market they looked like a call buy.? Early call selling gave way to call buying.

  • IV 30 is trading for 32%.
  • HV10 is trading for 26%.
  • IV 30 is trading above the HV 10.

Fiat Chrysler Automobiles NV (FCA) is the Netherlands-based company active in the automobile industry.

 

Calls and puts trade in OCN- long term strangle seller??????

OCN

Shares of Ocwen Financial Corp. (OCN) are up .39 to 11.04 today. ?OCN is near the lower end of the 52 week range.

  • Paper traded 19000 OCN Jan 2016 9 puts and 14 calls at 1.20 and 1.00.
  • The ADV is 10102 contracts.
  • The OI is 64 and 20805 contracts.

The volume went up in two blocks on ARCA marked spread. ??This massive strangle was sold on the bid and is most likely an opening trade.? There is huge OI in the Jan 9 puts but that could be unrelated to this strangle.? The trader is slightly bullish with the trade as priced.

UA last covered OCN buying Jul 11 calls for .40 on Jun 9th.

  • IV 30 is trading 66%.
  • HV10 is trading for 59%.
  • IV 30 is trading above the HV 10.

Ocwen Financial Corporation is a financial services holding company. The Company through its subsidiaries is engaged in the servicing and origination of mortgage loans. The Company operates in three segments such as, servicing, lending, and corporate items and other.

 

Calls trade in DECK- Call spreads go up

DECK

Shares of Deckers Outdoor Corp (DECK) are up .52 to 73.68 today.? ?DECK is near the middle of the 52 week range.

  • Paper traded 2000 DECK Sep 77.587.5 calls for 2.50.
  • The ADV is 1915 contracts. ?
  • The OI is less than 200 contracts.

The volume went up in 2 blocks marked spread on the CBOE.? This trader paid up for the Sep 77.5 calls in a .65 wide market.? The trade as priced is a straight up long call spread.? Smaller blocks of the same trade went up on the ISE.

  • IV 30 is trading for 25%.
  • HV10 is trading for 34%.
  • IV 30 is below the HV 10.

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities.