9025/5700 SMH Sep 53/Aug 55 put spreads went up in 2 blocks on the ARCA. ??

Puts trade in SMH- put rollers to Sep

SMH

Shares of the Market Vectors Semiconductor (SMH) are up .71 to 52.36 today. ???SMH is near the middle of the 52 week range.

  • Paper traded 9025/5700 SMH Sep 53/Aug 55 put spread for 1.65 over 2.40.
  • The ADV is 11022 contracts.
  • The OI is 112 and 12875 contracts.

The volume went up in 2 blocks on the ARCA. ??The Aug puts look like a close with the trader now doubling up in size and selling more of the Sep 53 puts.? IV is down in SMH so it appears paper is selling lots of puts.

  • IV 30 is trading for 20%.
  • HV10 is trading for 18%.
  • IV 30 is trading above the HV 10.

Market Vectors Semiconductor ETF (the Fund) is a non-diversified investment company. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors United States Listed Semiconductor 25 Index.

 

Puts trade In CHK- big put roller

CHK

Shares of Chesapeake Energy Corp. (CHK) are down .61 to 8.43. CHK is near a 52 week low.

  • Paper traded 11700/24500 CHK Oct 11/8 put spread for 2.69 over 1.00.
  • The ADV is 67k contracts.
  • The OI is 22065 and 6368 contracts.

The volume went up in 2 blocks on the AMEX marked spread.? This trade as priced looks like a roll down of the Oct 11 puts to the Oct 8 puts and increasing size.? A text book house money roll looking for more downside in CHK.

  • IV 30 is trading 104%.
  • HV10 is trading for 73%.
  • IV 30 is trading above the HV 10.

Chesapeake Energy Corporation is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. The Company operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. The exploration and production segment is responsible for finding and producing oil, natural gas and NGL. The marketing, gathering and compression operating segment is responsible for marketing, gathering and compression of oil, natural gas and NGL. The Company owns interests in approximately 45,100 oil and natural gas wells that produced an average of approximately 729 thousand barrels of oil equivalent (mboe).

 

Puts trade in AUY- longer term put buy

AUY

Shares of Yamana Gold Inc. (AUY) are down .10 to 2.07 today.? ?AUY is near the bottom of the 52 week range.

  • Paper traded 10000 AUY Jan 2 puts. ??
  • The ADV is 6998 contracts. ?
  • The OI is 402 contracts.

The volume went up in one block on the PHLX.? ?The big block of puts went without a stock tie so this trader is looking for new lows or is protecting an existing position.

  • IV 30 is trading for 68%.
  • HV10 is trading for 64%.
  • IV 30 is above the HV 10.

Yamana Gold Inc. is a Canada-based gold producer. The Company is engaged in gold mining and related activities, including exploration, extraction, processing and reclamation.