15000 FEZ May 35/39 calls spreads went up in 2 blocks on the AMEX
Shares of SPDR EURO STOXX 50 ETF (FEZ) are down .43 to 35.11 today.? FEZ is near the upper end of the 52 week range.
- Paper traded 15000 FEZ May 35/39 calls spread at 1.22. ?
- ?The ADV is 12293 contracts.?
- The OI is 3300 and 0.
The volume went up in 2 blocks on the AMEX marked spread.? The trade looks like a call spread buy opening if one looks at the rough midpoint.? There was more volume in blocks going up to the tune of 30000 contracts.? At a later time some FEZ call/put combo went up that could be roughly delta neutral but the trades were not tagged together which leads me to believe the call spread was a buy.? This could be a way to play a larger move in FEZ through May.
- IV 30 is trading 16%
- HV10 is trading for 14%.?
- IV 30 is trading above the HV 10.
SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes.