10000/11000 AGN Nov 295 calls over Jan 2016 310 calls went up 2 blocks on the PHLX marked spread.?
Shares of Allergan PLC (AGN) are down 1.24 to 284.89. AGN is near the upper end of the 52 week range.
- Paper traded 10000/11000 AGN Nov 295 calls over Jan 2016 310 calls. ??
- The ADV is 12k contracts.? ?
- The open interest is 13831 and 7700 contracts.
The volume went up 2 blocks on the PHLX marked spread.? The trader looks like they rolled the Nov calls into the Jan 310s and used a bigger block of volume.? The OI indicates a roll but check tomorrow to confirm since this diagonal trade would produce a long 310 call for small dollars on a 295 close by Nov expiration.? The trade is long in general.
- IV 30 is trading for 42%.?
- HV10 is trading for 50%.?
- IV 30 is below the HV 10.
Allergan plc, formerly Actavis plc, is a pharmaceutical company. The Company is focused on developing, manufacturing and commercializing pharmaceuticals, generic and over-the-counter medicines and biologic products for patients around the world. It markets a portfolio of products that provide treatments for the central nervous system, eye care, medical aesthetics, gastroenterology, women’s health, urology, cardiovascular and anti-infective therapeutic categories, and operates global generics business, providing patients around the globe with increased access to medicines.