4387 FCAU Mar 2017 8 calls went up in one block on the ARCA marked price variation. ?

FCAU

Shares of Fiat Chrysler Auto (FCAU) are down .16 to 6.65. FCAU is in the low end of the 52 week range.

Paper traded 4387 FCAU Mar 2017 8 calls at .45.? The ADV is 2769 per day.? The OI is 2 contracts.

The volume went up in one block on the ARCA marked price variation. ?10k options traded on the strike with paper bidding near the offer and then getting filled.? .45 bids went up and the balance traded.? One side wants yield and the other side want upside return.

IV 30 is trading 41%.? HV10 is trading for 23%.? IV 30 is trading above the HV 10.

FCAU is a global automobile manufacturer.