20000/10000 CPB May 55 and 60 puts went up in many large blocks on the PHLX marked spread
Shares of Campbell Soup Comp (CPB) are up .92 to 64.84 today.? CPB is near the top of the 52 week range.
- Paper traded 20000/10000 CPB May 55 and 60 puts for .05-.10 and .20.?
- The ADV is 5282.?
- The OI is 51102 and 30332 contracts.
The volume went up in many large blocks on the PHLX marked spread. ?Most of the paper lifted offers on the May 60s and sold down the May 55 so this spread is either more of the same or just the beginning of ratio put spread close.? The trade looked like a put stupid on Mar 6th when opened and it looks about the same today.? Very curious paper either way or no size stock prints went up against the options.
- IV 30 is trading for 24%.?
- HV10 is trading for 12%.?
- IV 30 is trading above the HV 10.
Campbell Soup Company manufactures and markets food products.