50800 APA Nov 6 Weekly 36.5/40 put spreads went up in 2 blocks on the PHLX.?
Shares of Apache Corp (APA) are up .60 to 39.75 today. APA is near the bottom of the 52 week range.
- Paper traded 50800 APA Nov 6 Weekly 36.5/40 put spreads for 1.24. ??
- The ADV is 11283 contracts.? ?
- The open interest is 50827 and 0 contracts.
The volume went up in 2 blocks on the PHLX.? There is giant open interest in the 36.5 puts and so the trader is probably closing the short and rolling closer to the money on an aggressive move in APA.? APA trader lower recently and it looks like this investor wants to increase their bet.
- IV 30 is trading for 50%.?
- HV10 is trading for 56%.?
- IV 30 is below the HV 10.
Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids.