2700/5400 STZ Apr 165/175 call spreads went up in 2 blocks on the BOX
Shares of Constellation Brands Inc. (STZ) are up .42 to 160.51 today. STZ is near the upper end of the 52 week range.
- Paper traded 2700/5400 STZ Apr 165/175 call spreads for 4.84 and 2.00.? ?
- The ADV is 7308 contracts.?
- The OI is 1951 and 885 contracts.
The volume went up in 2 blocks on the BOX.? This ratio call spread look strike buying the 165s to sell the 175s.? That would leave the trader wanting an up move to 175 or so.? The trade looks opening.
- IV 30 is trading 25%
- HV10 is trading for 14%.?
- IV 30 is trading above 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.