14900 BBRY Aug/Oct 8 call spreads went up in 2 blocks on the CBOE.?

BBRY

Shares of BlackBerry ltd (BBRY) are up .03 to 8.26 today. BBRY is near the upper end of the 52 week range.

  • Paper traded 14900 BBRY Aug/Oct 8 call spreads for .41.?
  • The ADV is 10500 contracts.?
  • The OI is 40k and 3k contracts respectively.

The volume went up in 2 blocks on the CBOE.? The trade looks like a roll out to Oct and the price as printed was through the offer on the Oct calls at the time.? In total the trader has 40000 calls total to roll so there could be more activity here.? If naked long the calls, this is a bullish trade in BBRY.

  • IV 30 is trading for 34%.?
  • HV10 is trading for 13%.?
  • IV 30 is trading above the HV 10.

BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company’s products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services. The BlackBerry Technology Solutions business unit consists of five units: QNX, Certicom, Paratek, the BlackBerry IoT Platform and Intellectual Property and Patent Licensing (IPPL).