4600/9200 SIG Mar 115/120 call ratio spreads went up in several blocks on the CBOE
Shares of Signet Jewelers ltd (SIG) are up 11.18 to 108.23 today.? SIG is near the middle of the 52 week range.
- Paper traded 4600/9200 SIG Mar 115/120 call ratio spreads for even. ?
- The ADV is 3266 contracts.? ?
- The open interest is 744 and 2885 contracts.
The volume went up in several blocks on the CBOE marked spread. ??The trade volume ended up closer to 6500/13000 contracts as the ratio trader thinks a higher bid will materialize but does not want to own the spread for less than even.? The ratio spread buyer is looking for a move to 120.
- IV 30 is trading for 52%.?
- HV10 is trading for 42%.
- ? IV 30 is above the HV 10.
Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company manages its business through four segments: the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment. The Other segment includes subsidiaries involved in purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The Company operates retail jewelry stores in real estate formats, including mall-based, free-standing, strip center and outlet store locations. The Company operated approximately 3,579 stores and kiosks across 4.8 million square feet of retail space.