20000 KATE Jan 2016 20 calls went up in 1 block on the AMEX on a price variation tag.?
Shares of Kate Spade and Co. (KATE) are down .10 to 18.44 today. ?KATE is near the bottom of the 52 week range.
- Paper traded 20000 KATE Jan 2016 20 calls for 1.25 today. ??
- The ADV is 996 contracts.? ?
- The open interest is 1147 contracts.
The volume went up in 1 block on the AMEX on a price variation tag.? A large block of stock traded concurrently on 800000 shares for 18 which was way under the prevailing market when it printed.? The trade is roughly delta neutral and as priced looks like a long call short stock play? for a big move after earnings.
- IV 30 is trading for 74%.?
- HV10 is trading for 29%.?
- IV 30 is above the HV 10.
Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments: KATE SPADE North America, KATE SPADE International and Adelington Design Grou