253 SM Aug 25 puts went up in one block on the BATS.?

SM

Shares of SM Energy Co (SM) are up 1.21 TO 30.50 today. ??SM is near the middle of the 52 week range.

  • Paper traded 253 SM Aug 25 puts for .30.?
  • The ADV is 1539 per day.?
  • The OI is 916 contracts.

The volume went up in one block on the BATS.? Total volume of 2000+ plus puts trade into the big rally today.? The put buyers are either thinking pullback or short term hedging a long stock position.? The 25 level puts seem quite a ways out of the money for real speculation.

  • IV 30 is trading 70%.?
  • HV10 is trading for 97%.?
  • IV 30 is trading below the HV 10.

SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids (NGLs) in onshore North America.