20000 BBVA Oct 9 puts went up in 1 block on the PHLX marked buy write
Shares of Banco Bilbao Vizcaya Argentina (BBVA) are up .01 to 8.88 today. ?BBVA is near the bottom of the 52 week range.
- Paper traded 20000 BBVA Oct 9 puts for .40. ??
- The ADV is 291 contracts.? ?
- The OI is 92 contracts.
The volume went up in 1 block on the PHLX marked buy write.? 96000 shares of BBVA trades in a block on the CHX as is most likely the other leg of the ratio buy write.? Early paper lifted the Oct options so as priced this looks buying puts and stock.? This trader is looking for a big move.
- IV 30 is trading for 37%.?
- HV10 is trading for 29%.?
- IV 30 is below the HV 10.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a diversified international financial group engaged in retail banking, asset management, private banking and wholesale banking. The Company also has investments in some of Spain’s companies. BBVA operates through six segments: Banking Activity in Spain, which includes its banking and non-banking businesses in Spain; Real Estate Activity in Spain, which manages the real estate assets accumulated by the Company as a result of the economic crisis in Spain; Eurasia, which covers the Company’s retail and wholesale banking businesses in the rest of Europe and Asia; Mexico, which comprises the banking and insurance businesses conducted in Mexico by the BBVA Bancomer financial group; South America, which manages the Company’s banking and insurance businesses in the region, and the United States, which comprises its business in the United States.