10000 KO Feb 45 calls went up in 1 block on the PHLX marked buy write. ?

KO

Shares of The Coca-Cola Co. (KO) are down .06 to 42.73.? KO is near the top of the 52 week range.

  • Paper traded 10000 KO Feb 45 calls for .43. ?
  • The ADV is 30k contracts.?
  • The OI is 2068 contracts.

The volume went up in 1 block on the PHLX marked buy write. ?This trade is going up close to delta neutral so the trader is either replacing a block of 210000 shares or backspreading KO through Feb? expiration.? They are looking for lots of movement either way.

  • IV 30 is trading 14%.?
  • HV10 is trading for 15%.?
  • IV 30 is trading below the HV 10.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, such as Coca-Cola, Diet Coke, Fanta and Sprite.