15646 CBS Nov 46/48 calls went up in 2 blocks on the PHLX on a sold last tag.?
Shares of CBS Corp (CBS) are up 1.29 to 46.78 today. ?CBS is near the middle of the 52 week range.
- Paper traded 15646 CBS Nov 46/48 calls for 2.1 and 1.21. ?
- The ADV is 11750 contracts.?
- The OI is 16000 and 9200 contracts.
The volume went up in 2 blocks on the PHLX on a sold last tag.? This trade looks like a roll up to the 48 strike after a close on the 46 strike.? 50 calls are trading in size to catch the earnings cycle with a buy side bias.? Call traders appear to look for more upside.
- IV 30 is trading for 34%.?
- HV10 is trading for 24%.?
- IV 30 is trading above the HV 10.
CBS Corporation is a mass media company. The Company operates through segments, including Entertainment, Cable Networks, Publishing and Local Broadcasting. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Global Distribution Group, CBS Interactive and CBS Films. The Cable Networks segment is composed of Showtime Networks, which operates program services, such as Showtime, The Movie Channel, and Flix; CBS Sports Network, and Smithsonian Networks, which operates a program service, Smithsonian Channel.

