Size MT Aug 6 calls and Aug 5 puts went up in two blocks on the PHLX marked spread.?
Shares of Arcelor Mittal SA (MT) are up .13 to 5.77.? The stock is in the middle of the 52 week range.
- Paper traded the MT Aug 6 calls and Aug 5 puts for .17 today.??
- The ADV is 9975 contracts.?
- The OI is 20872 on the calls and 433 on the puts.
The options went up in two blocks on the PHLX marked spread.? No stock of any size went up against this risk reversal (buy call and sell puts) so the trade as priced looks bullish.? The calls could be a close of a sort but they did roll into the short put at a minimum.? Trade is still bullish.
- IV 30 IS 59% and HV10 IS 56%.?
- The IV30 is trading at a premium to the HV10.
ArcelorMittal S.A. (ArcelorMittal) is a holding company. The Company is an integrated steel and mining company. ArcelorMittal operates through five segments: NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment produces flat, long and tubular products.