5000 CPN Sep 16 calls went up in 1 block on the CBOE market price variation.?
Shares of Calpine Corp (CPN) are up .53 to 15.83 today.? CPN is near the middle of the 52 week range.
- Paper traded 5000 CPN Sep 16 calls at 1.00.?
- The ADV is 2017.?
- The OI is 413 on the calls.
The volume went up in 1 block on the CBOE market price variation.? Total volume is over 10k contracts as the trader (s) try to sell these calls at $1.00.? As of this writing the calls are still offered $1 and it appears the investor is hedging a long stock position in the utility as a possible buy write on the big move today.
- IV 30 is trading for 31%.?
- HV10 is trading for 25%.?
- IV 30 is trading above the HV 10.
Calpine Corporation is a power generation company.