2000 VXZ Jun 11/13 calls traded over Jun 9/11 puts and Sep 9/11 puts over Sep11/13 calls. This all went up on the AMEX marked spread.
Shares of iPath S&P 500 VIX mid term futures (VXZ) are up .30 to 11.13.? VXZ is near the lower end 52 week range.
- Paper traded 2000 VXZ Jun 11/13 calls over Jun 9/11 puts and Sep 9/11 puts over Sep11/13 calls for 1.00 and 1.10.?
- VXZ trades 310 contracts per day.?
- The OI is less than 500 contracts.
The trade went up on the AMEX marked spread.? The Jun side of the Iron Condors priced with the 9 put and 13 calls as a buy.? The Sep looked priced the same way.? It appears to be a double Iron Condor sale based on the more OTM options and the trade is very curious.? We can put this under the ?love your broker category?.? The whole trade looks opening.
- IV30 IS 35% and HV10 is 34%?
- The current realized volatility is trading at a premium to implied volatility.
The iPath S&P 500 VIX Mid-Term ETP (VXZ) seeks to follow a portfolio of VIX futures with a 4-7 month duration