11743 KORS Jun 60 calls went up in 1 block on the PHLX marked buy-write.
Shares of Michael Kors Holdings ltd (KORS) are down .54 to 52.10.? KORS is near the upper end of the 52 week range.
- Paper traded 11743 KORS Jun 60 calls for .70.?
- The ADV is 6448.?
- The OI is over 720 contracts.
The volume went up in 1 block on the PHLX marked buy write. There was scattered volume that went up with traders buying calls on the offer in good size.? A block of 191888 shares went up as well on a near delta neutral ratio to the options.? The trade as priced is expecting a big move in KORS to the Jun time frame.
- IV 30 is trading for 28%.?
- HV10 is trading for 40%.?
- IV 30 is trading below the HV 10.
Michael Kors Holdings Limited is a global accessories, footwear and apparel company. The Company operates its business in three segments: retail, wholesale and licensing. It offers two primary collections: the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection. In the Michael Kors collection, it offers accessories, including handbags and small leather goods, many of which are made from leathers and other exotic skins, footwear and apparel, including ready-to-wear women swear and menswear.