500/258 COB Oct 20 put and Oct 27.5 calls went up in 2 blocks on the ISE Gemini.?

COG

Shares of Cabot Oil and Gas (COG) are down .02 to 22.76 today. ?COG is near the bottom of the 52 week range.

  • Paper traded 500/258 COB Oct 20 put and Oct 27.5 calls for .65 and .35. ?
  • The ADV is 2556 contracts.?
  • The OI is 286 and 4288 contracts.

The volume went up in 2 blocks on the ISE Gemini.? Total volume of 2600+ and 3300+ contracts traded on multiple floors as investors bid up the premium in COG.? There is substantial open interest and it looks like this could be closing.? The huge jump in IV today could indicate fresh buying so check the OI tomorrow.

  • IV 30 is trading for 59%.?
  • HV10 is trading for 69%.?
  • IV 30 is trading below the HV 10.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties.