5000 KATE Apr 25 calls & 5000 May 26/29 call spreads traded in 1 block
Shares of Kate Spade Inc. (KATE) are down .20 to 24.67 today.? KATE is near the middle of the 52 week range.
- Paper traded 5000 KATE Apr 25 calls at .55.?
- The ADV is 2037.?
- The OI is over 5395 contracts.
The volume went up in 1 block on the PHLX marked spread. With the Apr 25s, the May 26/29 call spread traded 5000x for 1.05 and it appears the trader is rolling to May to grab another leg up in KATE.
- IV 30 is trading for 53%.?
- HV10 is trading for 39%.?
- IV 30 is trading above the HV 10.
Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments: KATE SPADE North America, KATE SPADE International and Adelington Design Group. KATE SPADE North America segment consists of the Company?s kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America.