16000 CNQ Dec 34 calls went up in 1 block on the PHLX. ?
Shares of Canadian Natural Resources LTD (CNQ) are down .41 to 30.11 today. CNQ is near the upper end of the 52 Week range.
- Paper traded 16000 CNQ Dec 34 calls for .35.? ?
- ADV is 1156.?
- The OI is 14925 contracts.
The volume went up in 1 block on the PHLX.? These call started trading .25 with the buyer posting a bid then getting filled. The big block went up subsequent to the smaller .25 size going up.? As printed the trade is bullish and way over the OI so it is most likely opening call buying.
- IV 30 is trading for 38%.?
- HV10 is trading for 24%.?
- IV 30 is above the HV 10.
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company.