4000 BBRY Jan 2017 8 puts and 15 calls went up in 1 block on the PHLX marked buy write
Shares of Blackberry Ltd (BBRY) are up .40 to 8.00 today. BBRY is near the middle of the 52 week range.
- Paper traded 4000 BBRY Jan 2017 8 puts and 15 calls for 1.45 and .27. ??
- The ADV is 14k contracts.? ?
- The open interest 11482 and 7400 contracts.
The volume went up in 1 block on the PHLX marked buy write. 282k shares of BBRY went up so the trade appears to be delta neutral with is usually an opening trade.? There is heavy OI so traders are looking for a big move with the chance to add more stock on a down move in BBRY.
- IV 30 is trading for 46%.?
- HV10 is trading for 37%.?
- IV 30 is above the HV 10.
BlackBerry Limited (BlackBerry) is a provider of mobile communications and services. The Company is engaged primarily in the provision of the BlackBerry wireless solution, consisting of smartphones, service and software. The Company’s four areas of business are Devices business, Enterprise Services, BlackBerry Technology Solutions (BTS) business and Messaging.