4296 STZ Jan19 2018 165/185 call spreads and 125 puts went up in 4 blocks on the PHLX marked spread.?
Shares of Constellation Brands, Inc. (STZ) are down .53 to 148.39 today. STZ is near the middle of the 52 week high.
- Paper traded 4296 STZ Jan19 2018 165/185 call spreads and 125 puts for 4.90 and 6.20.?
- The ADV is 7717 contracts per day.?
- The OI is less than 8733/9004 and 12534 contracts.
The volume went up in 4 blocks on the PHLX marked spread.? The trade as priced looks like buying the 165/185 call spread and selling the 125 puts through the bid.? If so the put sale is financing the long call spread and could be additive the open interest.? STZ is in the lower middle and with the put trading through the bid it was most likely a put sale by the customer.
- IV 30 is trading 23%. ?
- HV10 is trading for 26%.?
- IV 30 is trading below the HV 10.
Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy.