The Options Insider

Possible FOSL Strangle Seller

by | Jun 16, 2015 | Unusual Activity

2250 FOSL Sep 65/80 strangles went up in 2 blocks on the PHLX marked spread. ??

Calls and puts trade in FOSL- possible strangle seller

FOSL

Shares of Fossil Group Inc. (FOSL) are up 1.06 to 71.74 today. ?FOSL is near the lower end of the 52 week range.

  • Paper traded 2250 FOSL Sep 65/80 strangles for 3.60.
  • The ADV is 2670 contracts.
  • The OI is 314 and 534 contracts.

The volume went up in 2 blocks on the PHLX marked spread. ??This trade did go up hitting the bid first but was taken down and priced mid-market.? With the Sep IV down it does look like a short strangle seller.? Small paper was hitting the bid just prior to the print.

  • IV 30 is trading for 24%.
  • HV10 is trading for 9%.
  • IV 30 is trading above the HV 10.

Fossil Group, Inc. is a global designer, marketer and distributor company that specializes in consumer fashion accessories.

 

 

Calls trade in TBT- big call buyers????????????????????????????????????

bonds

Shares of UltraShort 20+ year Treasury (TBT) are down .52 to 49.11 today. ?TBT is near the middle of the 52 week range.

  • Paper traded 24030 TBT Jul 52 calls for .97.
  • The ADV is 23910 contracts.
  • The OI is 2096 contracts.

The volume went up in 1 block on the MIAX marked Price Variation. ??Total volume for the strike is over 50000 contracts as buyers purchase large blocks of calls.? Stock did not print anywhere near the size for these options to be tied to stock. ?The trader here is looking for a big move up in TBT if call purchase is unhedged.

  • IV 30 is trading 32%.
  • HV10 is trading for 37%.
  • IV 30 is trading below the HV 10.

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index).

 

Calls trade n CAG- call buyers jumping in

CAG

Shares of ConAgra Foods Inc. (CAG) are up .48 to 38.51.? ?CAG is near the top of the 52 week range.

  • Paper traded 3064 CAG Jul 39 calls for 1.10 today.
  • The ADV is 2855 contracts. ?
  • The OI is 796 contracts.

The volume went up in 1 block on the CBOE.? Total volume is over 7000 contracts as traders bid for these calls pushing up the prices.? Early buyers paid 1.05 and the calls as of this writing were trading 1.30.? The buying looks bullish with earnings on Jun 30th.

  • IV 30 is trading for 35%.
  • HV10 is trading for 14%.
  • IV 30 is above the HV 10.

ConAgra Foods, Inc. (ConAgra Foods) is the packaged food company. The Company provides branded and private branded food in households, as well as commercial foods business serving restaurants and foodservice operations.