264 MOMO Oct 20 calls over Oct 15 puts went up on the ISE marked straddle, except a straddle tag is usually buy/buy on both options.

MOMO

Shares of MOMO Inc. (MOMO) are up .25 to 16.39.? MOMO is near the top of the 52 week range.

  • Paper traded 264 MOMO Oct 20 calls over Oct 15 puts for .65 each.
  • The ADV is 1028.?
  • The OI is 1121 on the calls and 1452 on the puts.

The volume went up on the ISE marked straddle. ?Usually a straddle tag is buy/buy on both options.? The customer got a great fill if that is the case as the stock is down $1 from the highs.? As priced the trade looks more like a risk reversal buying call and selling put which did not work out so well.? The trade up 3000+ time on multiple midsize blocks.

  • IV 30 is trading for 56.?
  • HV10 is trading for 41.?
  • IV 30 is trading over the HV 10.

Momo Inc. is a holding company. The Company operates Momo, a mobile-based social networking platform. The Company’s Momo platform includes its Momo mobile application and a range of related features, functionalities, tools and services that it provides to users, customers and platform partners.