Shares of Alcoa Corp (AA) are up 1.00 to 33.47.? AA is near the middle of the 52 week range.
- Paper traded 10000 AA May19 34/36 call spreads for .725.??
- The ADV is 9209 contracts.?
- The OI is 1663 and 10341 contracts.
The volume went up in 3 blocks on the PHLX marked spread.? This trade appears to be a roll down to a closer to the money strike.? Most likely the trader is looking for a pop through earnings.
- IV 30 is trading 46%.
- HV10 is trading for 33%.?
- IV 30 is trading above the HV 10.
Alcoa Corporation, formerly Alcoa Upstream Corporation, is engaged in the production of bauxite, alumina and aluminum of various cast and rolled products. The Company is engaged in the production and management of aluminum and alumina combined through its participation in various aspects of the industry, such as technology, mining, refining, smelting, and recycling.