The Options Insider

Massive OIL Put Trader

by | Nov 20, 2015 | Unusual Activity

61150 OIL Mar 2016 8 puts went up in a block on the ARCA marked price variation.?

OIL

The iPath S&P GSCI Crude Oil Total Return (OIL) is up .15 to 7.71 today.? OIL is near the bottom of the 52 week range.

  • Paper traded 61150 OIL Mar 2016 8 puts for 1.10. ?
  • The ADV is 4000.?
  • The OI is 61275 contracts.

The volume went up in a block on the ARCA marked price variation.? No stock of size went up with this trade and it looks like the opening transaction was on Aug 3rd in blocks between .50-.70 for similar size.? The opening trade looked buy which would make today?s trade a sell to close and roughly 75% gain.

  • IV 30 is trading for 49%.?
  • HV10 is trading for 27%.?
  • IV 30 is trading above the HV 10.

iPath S&P GSCI Crude Oil Total Return Index ETN is a sub-index of the S&P GSCI Commodity Index. The S&P GSCI Crude Oil Total Return Index reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate (WTI) crude oil futures contract plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts.