12000 ECA Jan2017 10 calls went up in 1 block on the CBOE marked price variation.?
Shares of Encana Corp (ECA) are up .17 to 9.52 today.? ECA is near the top of the 52 week range.
- Paper traded 12000 ECA Jan2017 10 calls for 1.00.?
- ADV is 3171 per day.?
- The OI is 5845 contracts.
The volume went up in 1 block on the CBOE marked price variation.? 500k shares of ECA printed 2 min later so the trade could be a call and stock play similar to a delta neutral straddle.? The calls went up closer to the offer so it does look buying even with small volume offered .95 after the print.? If the trade went up that way the investor is looking for a move.
- IV 30 is trading 48%.?
- HV10 is trading for 64%.?
- IV 30 is below the HV 10.
Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs).