9939/19878? ?AKS Feb11/13 calls went up in 2 blocks on the PHLX marked spread.?
Shares of AK Steel Holdings Corp (AKS) are up .53 to 10.84.? AKS is near the top of the 52 week range.
- Paper traded 9939/19878? ?AKS Feb11/13 calls for .90 and .30. ?
- The ADV is 27127 contracts.?
- The OI is 1143 and 606 contracts.
The volume went up in 2 blocks on the PHLX marked spread.? This trade went up as a ratio spread buying the 11s and selling the 13s.? The trader is looking for a cheap entry into AKS and playing the upside move.
- IV 30 is trading for 67%.?
- HV10 is trading for 43%.?
- IV 30 is trading above the HV 10.
AK Steel Holding Corporation is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its subsidiary, AK Steel Corporation (AK Steel).