5000 AMJ Mar17 32 puts went up in 1 block on the PHLX & appears to be put/stock buy delta neutral where the expected dividend should pay for part of the put premium.?
Shares of JPMorgan Alerian MLP index (AMJ) are up .34 to 33.75 today.? AMJ is making a 52 week high.
- Paper traded 5000 AMJ Mar17 32 puts for .45. ?
- The ADV is 2930 contracts.? ?
- The open interest is 2207 contracts.
The volume went up in 1 block on the PHLX marked buy-write. Two blocks of 5000 went up on the PHLX with 145000 shares.? The trade appears to be put and stock buy delta neutral where the expected dividend should pay for part of the put premium.? There was a Mar call roll up as well in AMJ.
- IV 30 is trading for 17%.?
- HV10 is trading for 16%.?
- IV 30 is above the HV 10.
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class