The Options Insider

Near-the-Money Calls Trade in ACHN

by | Jul 21, 2015 | Unusual Activity

5437 ACHN Aug 10 calls went up in 1 block on the CBOE.

Calls trade in ACHN- near the money calls trade

ACHN

Shares of Achillion Pharm., Inc. (ACHN) are .16 to 9.20 today. ???ACHN is near the middle of the 52 week range.

  • Paper traded 5437 ACHN Aug 10 calls for .20.
  • The ADV is 4901 contracts.
  • The OI is 1117 contracts.

The volume went up in 1 block on the CBOE. A second block of same size and price traded with the Price Variation trade tag.? No size stock block went up with this trade so it appears to be a buy to open call trade since the calls are still .20 bid.

  • IV 30 is trading for 48%.
  • HV10 is trading for 34%.
  • IV 30 is trading above the HV 10.

Achillion Pharmaceuticals, Inc. is a biopharmaceutical company. The Company’s primary business is to discover, develop and commercialize small molecule therapeutics for the treatment of infectious diseases and immune system disorders.

 

Puts trade in BHI- possible closing put trade

BSI

Shares of Baker Hughes Inc. (BHI) are up 1.35 to 60.81 today. ?BHI is near the middle of the 52 week range.

  • Paper traded 11769 BHI Oct trade for .61.
  • The ADV is 3759 contracts.
  • The OI is 14184 contracts.

The volume went up in 1 block on the PHLX.? A small block of the Oct 50 puts traded .65 just prior to the size print.? It looks like the small block went up to make room for the larger block.? Most likely this is a closing trade in a buyout stock.

  • IV 30 is trading 27%.
  • HV10 is trading for 26%.
  • IV 30 is trading above the HV 10.

Baker Hughes Incorporated is engaged in the oilfield services industry. The Company is a supplier of oilfield services, products, technology and systems to the around the world oil and natural gas industry.

Puts trade in TSO- big put seller

TSO

Shares of the Tesoro Corp. (TSO) are down .99 to 98.60 today. TSO is trading near the top of the 52 week range.

  • Paper traded 19350 TSO Aug 85 puts for .55. ??
  • The ADV is 9450 contracts. ?
  • The OI 44421 contracts.

The volume went up in one block on the PHLX marked buy write.? ?It is very possible a put and stock buyer is hitting the exit with TSO far from the strike and they are taking the money here.? The stock print that went up is consistent with a 10 delta trade.? Check the OI for confirmation on this one.

  • IV 30 is trading for 37%.
  • HV10 is trading for 42%.
  • IV 30 is below the HV 10.

Tesoro Corporation is an independent petroleum refining and marketing company. Through its subsidiaries, the Company primarily transports crude oil and manufactures, transports and sells transportation fuels. The Company operates through three business segments: Refining operating segment, which owns and perates six petroleum refineries with a combined crude oil capacity of 850 thousand barrels per day (Mbpd) located in the western United States and sells transportation fuels to a variety of customers; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminalling, transportation and storage assets, and Retail operating segment, which sells transportation fuels in approximately 16 states through a network of approximately 2,267 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline and Tesoro brands.