29223/35000 SIRI Mar 4.5/5 call spreads went up in 2 blocks on the AMEX
Shares of Sirius XM holdings Inc. (SIRI) are up .01 to 4.59 today. SIRI is near a 52 week high.
- Paper traded 29223/35000 SIRI Mar 4.5/5 call spreads for .18.?
- ?ADV is 2228.
- The OI is 9070 and 11273 contracts.
The volume went up in 2 blocks on the AMEX marked spread.? This trade is opening based on the OI and the 4.5 call sale is just around parity.? The only way for the customer to make money is a move lower or if they own stock from lower levels and want to collect the .18 on a buy write.? .18 on a 4.58 stock is some kind of yield for a name that does not move.
- IV 30 is trading for 23%.?
- HV10 is trading for 18%.?
- IV 30 is above the HV 10.
Sirius Xm Holdings Inc. transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its approximately two satellite radio systems.