10000 CMCSA Jan 2018 80/85 call spreads went up in two large blocks on the PHLX
Shares of Comcast Corp (CMCSA) are up .71 to 62.47 today.? CMCSA is near the upper end of the 52 week range.
- Paper traded 10000 CMCSA Jan 2018 80/85 call spreads for 1.41 over .85.?
- The ADV is 18k.?
- The OI is 6536 and 614 contracts.
The volume went up in two large blocks marked spread on the PHLX.? A 10000 lot spread went up in Jan 2017 as well with the volume printing on the offer similar to the Jan 2018 spread.? As priced the spread looks like a ?stupid? on a buy/buy.? At the very least it is long delta as printed so the buyer is looking for big upside.
- IV 30 is trading for 18%.?
- HV10 is trading for 22%.?
- IV 30 is trading below the HV 10.
Comcast Corporation is a media and technology company. The Company’s primary businesses include Comcast Cable and NBCUniversal. Its Comcast Cable business operates in Cable Communications segment. Its NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks