10000 WLL May19 10 calls for .35 and 10000 WLL Apr21 calls went up in 2 blocks on the PHLX marked buy write

WLL

Shares of Whiting Petroleum Corp (WLL) are down .11 to 8.81 today.? WLL is near the middle of the 52 week range.

  • Paper traded 10000 WLL May19 10 calls for .35 and 10000 WLL Apr21 calls for .01.?
  • The ADV is 13924 contracts.? ?
  • The open interest IS 11385 in Apr and 9129 in May.

The volume went up in 2 blocks on the PHLX marked buy write.? These calls went up as together in what looked like a roll from Apr to May.? The trader wants the May 10 calls and a block of 1000000 shares trade as well.? Either the customer is closing long stock and rolling into calls or putting on a large synthetic put into WLL earnings.

  • IV 30 is trading for 67%.?
  • HV10 is trading for 63%.?
  • IV 30 is above the HV 10.

Whiting Petroleum Corporation is an independent oil and gas company. The Company is engaged in development, production, acquisition and exploration activities primarily in the Rocky Mountains region of the United States.