6000 PBR Dec16 11 calls went up in 1 block on the PHLX marked buy-write.?
Shares of PetroBras SA (PBR) are down .35 to 9.90 today.? PBR is near the middle of the 52 week range.
- Paper traded 6000 PBR Dec16 11 calls for .18. ?
- ADV is 37k contracts.?
- The OI is 9165 contracts.
The volume went up in 1 block on the PHLX marked buy-write.? The calls traded on the offer with stock going up 132000 shares at 9.77 through the bid.? The trade as marked is delta neutral and would be most likely opening on the heavy OI.? Either way the trade is looking for a big move or taking off a short synthetic straddle.
- IV 30 is trading 59%.?
- HV10 is trading for 46%.?
- IV 30 is above the HV 10.
Petroleo Brasileiro S.A.-Petrobras is an energy company. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks, as well as oil products, natural gas and other liquid hydrocarbons.

