1392/2784 TWTR Dec 44/48 call spreads went up 3 blocks on the ISE marked spread. ??

Calls trade in TWTR- ratio call spreads

TWTR

Shares of Twitter Inc. (TWTR) was up 1.93 to 36.14 yesterday.? ?TWTR is in the middle of the 52 week range.

  • Paper traded 1392/2784 TWTR Dec 44/48 call spreads for .07.
  • The ADV is 144k contracts.
  • The OI is 1321 and 567.

The volume went up 3 blocks on the ISE marked spread. ??This trade is opening on both sides and is looking for a price of $44 in a longer term time frame.? TWTR has been the subject of takeover speculation for a couple of weeks.

  • IV 30 is trading for 55%.
  • HV10 is trading for 25%.
  • IV 30 is trading above the HV 10.

Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners.

 

Calls trade in YELP- calls roll to Aug????????????????????????????????

YELP

Yesterday, shares of Yelp Inc. (YELP) were up .62 to 43.08. ?YELP is in the middle of the 52 week range.

  • Paper traded 10000 YELP Jul/Aug 50 call spread for 2.10.
  • The ADV is 18420 contracts.
  • The OI is 57394 and 25335 contracts.

The volume went up in 2 large blocks on ARCA marked spread.? This volume sets up like a roll out of the Jul to August. ??The trader here could be moving his long inventory to Aug in hopes of a takeover bid materializing for YELP after the company put itself up for sale.

  • IV 30 is trading 75%.
  • HV10 is trading for 30%.
  • IV 30 is trading above the HV 10.

Yelp Inc. (Yelp) connects people with local businesses by bringing ‘word of mouth’ online and providing a platform for businesses and consumers to engage and transact. The Company provides local business review sites.

 

Calls trade in UAL- possible rolls

UAL

Shares of Untied Continental Holdings (UAL) were up .57 to 53.38 yesterday. UAL is near the middle of the 52 week range.

  • Paper traded 14070 UAL Jul/Aug 55 call spreads for 1.48. ?
  • The ADV is 36k contracts. ?
  • The OI is 42566 and 143 contracts.

The volume went up in 2 blocks on ARCA out of sequence.? This trade time was adjusted but it appears the trader was closing the Jul 55s and rolling into Aug 55s.? The pricing appears with as buy to open so the trader is looking for more upside.

  • IV 30 is trading for 41%.
  • HV10 is trading for 30%.
  • IV 30 is above the HV 10.

United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.