4000 DKS Jun/Jul 42 call spreads with the Jul 45 calls went up in 3 blocks on the AMEX
Shares of the Dicks Sporting Goods, Inc. (DKS) are down .73 to 41.70.? DKS is near the middle of the 52 week range.
- Paper traded 4000 DKS Jun/Jul 42 call spreads with the Jul 45 call for .85 and .35.?
- The ADV is 3044.?
- The OI is 4621 in Jun and less than 575 in the Jul strikes.
The volume went up in 3 blocks on the AMEX marked spread.? This trade appears to be a sell to close in Jun with a transition to call spread in Jul.? Net new cost is around .50 and is bullish as printed.
- IV 30 is trading for 28%.?
- HV10 is trading for 15%.?
- IV 30 is trading above the HV 10.
DICK’S Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories in its specialty retail stores in the eastern United States.