7500 AAPL 105 calls went up in 1 large block on the PHLX marked spread.?
Shares of Apple Inc. (AAPL) are down .70 to 98.94 today.? ?AAPL is near the lower end of the 52 week range.
- Paper traded 7500 AAPL Aug 105 calls for 1.72.?
- The ADV is 555k per day.?
- The OI is 34000 contracts.
The volume went up in 1 large block on the PHLX marked spread.? There were a couple of blocks of stock going up with 135k shares and 336k shares trading.? Several prints of calls too but the trades did not go up as spread.? It does appear as long delta, long straddle type play in AAPL that would grab the earnings too.? The trader is looking for a power move but favoring the upside.
- IV 30 is trading 19%.?
- HV10 is trading for 11%.?
- IV 30 is trading above the HV 10.
Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and sells a variety of related software, services, peripherals, networking solutions and third-party digital content and applications.