41000 AA Oct 11/ Apr 11 call spreads went up in 2 blocks on the ARCA
Shares of Alcoa Inc (AA) are down .11 to 9.37 today.? AA is near the middle of the 52 week range.
- Paper traded 41000 AA Oct 11/ Apr 11 call spreads for .49.?
- The ADV is 36647.
- The OI is over 100k in Oct and less than 500 in April.
The volume went up in 2 blocks on the ARCA marked spread.? This trader looks like they are rolling out the OI in Oct to April since AA is away from the strike they are opting for more premium in the Apr cycle.
- IV 30 is trading for 42%.?
- HV10 is trading for 34%.?
- IV 30 is above the HV 10.
Alcoa Inc. is engaged in lightweight metals engineering and manufacturing. The Company operates in five segments: Alumina, Primary Metals, Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions.