7500 HRB Jan 27/28 call spreads went up in 3 blocks on the PHLX

unusual options trading activity alert, HRB

Shares of HR Block Inc. (HRB) are down .11 to 23.33 today.? HRB is near the middle of the 52 week range.

  • Paper traded 7500 Jan 27/28 call spreads for .025.?
  • The ADV is 1271.
  • The OI is 401 and 7819 respectively.

The volume went up in 3 blocks on the PHLX marked spread.? Jan 28 volume was most likely closing and rolling down to the Jan 27 calls.? The trader is hoping a roll down to the 27 strike will give the trade a shot at making money.? The other side would be a roll down for .025 which is a thin credit to roll.

  • IV 30 is trading for 25.84%.?
  • HV10 is trading for 28%.?
  • IV 30 is below the HV 10.

H&R Block, Inc. (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.