50000 AMJ Jan 2017 30/40 call spreads went up in 2 blocks on the PHLX
Shares of JPMorgan Alerian MLP Index (AMJ) are up 1.12 to 22 today.? AMJ is near the bottom of the 52 week range.
- Paper traded 50000 AMJ Jan 2017 30/40 call spreads for .85.?
- The ADV is 10k.?
- The OI is over 25k per strike.
The volume went up in 2 blocks on the PHLX marked spread.? This trade is on the heels of a 25000 lot spread that went up earlier in the week.? It appears the trader is looking to get long and expecting AMJ to regain some of the highs of January.
- IV 30 is trading for 61%.?
- HV10 is trading for 49%.?
- IV 30 is trading above the HV 10.
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class