29000 P Jan2017 14 calls went up in 1 block on the PHLX marked buy-write.?

Pandora Media

Shares of Pandora Media Inc. (P) are up .33 to 14.01. P is near the middle of the 52 week range.

  • Paper traded 29000 P Jan2017 14 calls for 1.45.?
  • The ADV is 11712.
  • The OI is 36000 contracts.

The volume went up in 1 block on the PHLX marked buy-write.? These calls went up with 858k shares at 13.88.? The buy write is at best delta neutral if the posted volumes are one trade.? The stock and option prints both went up through or on the bid.? As priced looks more like a sell call and bull stock trade which would make it very short delta.? The option prices seem to have jumped after the sale and this trader could be closing a long gamma trade that made it to the strike.? UA profiled a buyer of the Jan2017 18 call recently.

  • IV 30 is trading for 47%.?
  • HV10 is trading for 48%.?
  • IV 30 is below the HV 10.

Pandora Media, Inc. (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage.