10000 BCS Jul 9 puts went up in 1 block on the ISE marked Buy Write.?

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Shares of Barclays PLC (BCS) are up .24 to 7.27 today. BCS is near the bottom of the 52 week range.

  • Paper traded 10000 BCS Jul 9 puts for 1.88 today.?
  • The ADV is 5727 per day.?
  • The OI is 44475 contracts.

The volume went up in 1 block on the ISE marked Buy Write.? 800000 shares of BCS trade 7.2175 or .09 parity.? It does look like a sale of both stock and puts so this could be a long put and stock closing of the whole position for .09 over parity.? If so the trade sees small hope of an upside pop in BCS.? The Jul 9 calls are .10 bid going out so the strike is not dead yet.

  • IV 30 is trading 86%.?
  • HV10 is trading for 176%.?
  • IV 30 is trading below 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. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.