The Options Insider

Calls Trade In ABT – Calls Roll With Some Stock

by | Jan 28, 2016 | Unusual Activity

abbot-laboratories-logo

Calls Trade In ABT – Calls Roll With Some Stock

Shares of the Abbot Laboratories (ABT) are down 3.40 to 37.07 today. ABT is making a 52 week low.

  • Paper traded 4200 ABT Jan 2017 38/42 call spreads for 1.45.
  • The ADV is 4715 contracts.
  • The OI 80 and 5041 contracts.

The volume went up in 2 blocks on the PHLX tagged buy write. There are two ways to look at this once since it went up tied to 66000 shares of stock. Either the customer is rolling down, adding stock to yield around 10% to the end of 2016 or the trade is a short call spread over long stock in a kind of vertical spread. The trades are semi bullish.

  • IV 30 is trading 22%.
  • HV10 is trading for 26%.
  • IV 30 is trading below the HV 10.?????? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ???????????????

Abbott Laboratories (Abbott) is engaged in the discovery, development, manufacture and sale of a range of health care products. Abbott operates in four business segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Vascular Products.