5000 FXE Jun16 105 calls went up in one block on the PHLX marked buy-write.? 190000 shares of FXE traded with it.?

FXE

Shares of CurrencyShares Euro Trust (FXE) are up .49 to 102.93 today.? FXE is near the middle of the 52-week range.

  • Paper traded 5000 FXE Jun16 105 calls for 1.41.? ?
  • The ADV is 13825 contracts.?
  • The OI is 3618 contracts.

The volume went up in one block on the PHLX marked buy-write.? This trade had 190000 shares of FXE go up with it.? As posted the calls and stock look like a delta neutral backspread through Jun betting on a giant move in FXE.

  • IV 30 is trading for 8.3%. ?
  • HV10 is trading for 6.6%.?
  • IV 30 is trading above the HV 10.

Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets.