20000 GLD Mar 133/140 call spreads went up in 2 blocks on the PHLX
Shares of SPDR Gold Trust (GLD) are up 5.52% to 120.01 today.? GLD is making a 52 week high.
- Paper traded 20000 GLD Mar 133/140 call spreads for .27.?
- The ADV is 135k.?
- The OI is over 36k and 886 contracts on each strike.
The volume went up in 2 blocks on the PHLX.? This trade looks like a call spread rolling up to the 140 strike.? The trade is most likely a successful call holder looking for more upside if the OI is a indicator.
- IV 30 is trading for 27%.?
- HV10 is trading for 13%.?
- IV 30 is trading above the HV 10.
SPDR Gold Trust (the Trust) is an investment trust. The Trust holds gold and issues shares (Shares) (in minimum blocks of 100,000 Shares, also referred to as Baskets) in exchange for deposits of gold and distributes gold in connection with redemption of Baskets.