9110 NCT May 3 / 4 call spreads went up in 2 blocks on the CBOE.?
Shares of NewCastle Investment Corp. (NCT) are up .23 to 3.13 today.? NCT is near the middle of the 52 week range.
- Paper traded 9110 May 3 / 4 call spreads for .30.?
- The ADV is 945.?
- The OI is over 10k contracts on both strikes.
The volume went up in 2 blocks on the CBOE.? The trade looks like a close of an existing call spread with NCT making a big move up the trader is looking to book profits.? They might see some upside ahead.? NCT pays a hefty dividend so this could be closing a yield play.
- IV 30 is trading for 27%.?
- HV10 is trading for 30%.?
- IV 30 is trading below the HV 10.
Newcastle Investment Corp. (Newcastle) is a real estate investment trust (REIT). The Company focuses on investing in, and managing, a variety of real estate related and other investments.