200 WMB Aug 28.5 calls went up in 1 block on the ARCA.?

WMB

Shares of Williams Cos. Inc (WMB) are down .40 to 27.70 today.? WMB is near the middle of the 52 week range.

  • Paper traded 200 WMB Aug 28.5 calls at .40.?
  • The ADV is 8824 contracts.?
  • The OI is 3 contracts respectively.

The volume went up in 1 block on the ARCA.? Total volume is over 1600 contracts as sellers hit the bid in midsize blocks.? The trade is consistent with buy writing activity after WMB just jumped the last several days.? There has been rolling activity on other strikes as traders close calls and sell higher strikes.? This is centered on some corporate action in WMB.

  • IV 30 is trading for 42%.?
  • HV10 is trading for 44%.?
  • IV 30 is trading below the HV 10.

The Williams Companies, Inc. is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins.