15000 BCS Jul 10 calls went up in 1 block on the PHLX marked buywrite.?
Shares of Barclays PLC (BCS) are down .19 to 9.37 today.? BCS is near the bottom of the 52 week range.
- Paper traded 15000 BCS Jul 10 calls at .40. ??
- The ADV is 2767 contracts.?
- ?The open interest is 14445 contracts.
The volume went up in 1 block on the PHLX marked buywrite.? 615k shares traded which would be roughly delta neutral on the ratio.? This appears to be a short gamma near the money to take advantage of the jump in IV.? Several other big bank buy writes traded in similar fashion today.
- IV 30 is trading for 58%.?
- HV10 is trading for 34%.?
- IV 30 is above the HV 10.
Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.