So far today, DK has traded over 13750 calls vs 1 put.
Delek US Holding Inc., trading 12.81 with an IV30 of 54.53 and an HV10 of 42.75%, is seeing call action today.? DK has an ADV of 298 and OI of 9450 contracts.? Today, the stock has traded over 13750 calls vs 1 put, thus the paper is quite one way.? The largest trade was a 4500 lot of the August 15 calls bought for .45 vs. a sale of 4500 of the August 20 calls at .05 creating a call spread purchase of .40.? Additionally a buyer of the Jan 2017 15 calls paid 1.10 over 3100 times.?
This stock was over 15 last quarter and in the last 6 months has been over 20.? This appears to be a play on DK recovering over the next few weeks with the trader looking for DK to break 15.40 by August expiration and another trader looking for a strong move by January.? Both of these trades appear to be opening.
These trades are aggressively bullish volatility and the underlying.