8000 PAGP Aug 8 puts went up in 1 block on the ARCA on a price variation tag.
Shares of Plains GP Holdings LP (PAGP) are up 1.14 to 8.72 today.? PAGP is near the bottom of the 52 week range.
- Paper traded 8000 PAGP Aug 8 puts at 1.5.?
- The ADV is 749 contracts.?
- The OI is 0 contracts.
The volume went up in 1 block on the ARCA on a price variation tag. ?Total volume is more like 25000 contracts as traders crush the IV in the Aug cycle for PAGP.? There is a size seller of the Aug 8 puts pressing down the IV.? Shorter term there is May 9 call buyers.? The put seller is on all floors.
- IV 30 is trading 81%.?
- HV10 is trading for 95%.?
- IV 30 is trading below the HV 10.
Plains GP Holdings, L.P. (PAGP), owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P (PAA).