5000/2500 DB Jan2017 4/8 puts spreads went up in 2 blocks on the PHLX
Shares of Deutsche Bank AG (DB) are down .30 to 12.78 today. DB is near the bottom of the 52 week range.
- Paper traded 5000/2500 DB Jan2017 4/8 puts spreads for .15 over .60.?
- The ADV is 25000 contracts.?
- The OI is 1487 and 6805
The volume went up in 2 blocks on the PHLX marked spread.? This trade does look like a roll down where the customer is buying short 8 puts and selling more on the 4 line.? This would be a cheap way to play a downside move in DB if it develops.
- IV 30 is trading for 74%.?
- HV10 is trading for 72%.?
- IV 30 is above the HV 10.
Deutsche Bank AG is a global investment bank. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals.