7500 UCO Dec09 10 calls up in 2 blocks on the CBOE marked price variation.?

UCO

Shares of Ultra DJ ?AIG Crude Oil ProShares (UCO) are up .72 to 9.91 today.? UCO is near the middle of the 52 week range.

  • Paper traded 7500 UCO Dec09 10 calls for .65 ad .67. ?
  • ADV is 11300 contracts.?
  • The OI is 86 contracts.

The volume went up in 2 blocks on the CBOE marked price variation.? Total volume is a bit more at 10000 contracts and it looks like paper bought these calls.? UCO is have a breakout day and the calls are about in the same place.? Whatever rally the buyer is looking for has yet to materialize.

  • IV 30 is trading 91%.?
  • HV10 is trading for 70%.?
  • IV 30 is above the HV 10.

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index.?