250,000 XLF Jan 25 calls went up 1 block on the AMEX marked price variation.?
Shares of Financial Select SPDR (XLF) are up .29 to 23.6 today.? XLF is near the top of the 52 week range.
- Paper traded 250000 XLF Jan 25 calls for .13.? ?
- ADV is 186k contracts.
- The OI is 77k.
The volume went up 1 block on the AMEX marked price variation.? It appears that 1000000 shares of stock went up in 2 blocks against these calls.? if so the trader is creating a massive gamma backspread on the moves in XLF.
- IV 30 is trading for 19%.?
- HV10 is trading for 16%.?
- IV 30 is above the HV 10.
Financial Select SPDR Fund (XLF) seeks to closely match the returns and characteristics of the S&P Financial Select Sector Index (the Index).