835 FNF Sep 37 calls went up in 1 block on the PHLX.?
Shares of Fidelity National Financial Inc. (FNF) are up .40 to 36.31. ?BAC is near the middle of the 52 week range.
Paper traded 835 FNF Sep 37 calls at .15. ??The ADV is 1067 contracts.? ?The OI is 10717 contracts.
The volume went up in 1 block on the PHLX.? Over 10k calls trade as sellers hit a .15 bid on all floors.? It looks like a closing trader hit the .15 bid on the Sep 37s and kept selling until filled.? The calls are .15 bid now.? The call sale is most likely closing but check the OI as FNF has jumped .43.
IV 30 is trading for 24%.? HV10 is trading for 28%.? IV 30 is below the HV 10.
Fidelity National Financial, Inc. is a holding company. The Company is a provider of title insurance, technology and transaction services to the real estate and mortgage industries. Its business is organized into two groups: FNF Core Operations and FNF Ventures (FNFV). The Company offers title insurance through its title insurance underwriters: Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York Inc.