1000 CY Dec/Jan 12 call spreads went up in 2 blocks on the ISE
Shares of Cypress Semiconductor Corp (CY) are up .04 to 10.92 today.? CY is near the middle of the 52 week range.
- Paper traded 1000 CY Dec/Jan 12 call spreads for .25.?
- The ADV is 5356 ??
- The OI is over 83k and 20k contracts.
The volume went up in 2 blocks on the ISE marked spread.? This could be part of a larger serial roll where the customer is buying Jan can closing Dec calls.? They would still be looking for a larger upside move.
- IV 30 is trading for 43%.?
- HV10 is trading for 23%.?
- IV 30 is above the HV 10.
Cypress Semiconductor Corporation delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices.