5000 XLY May05 90 calls went up in 1 block on the PHLX.?

XLY

Shares of the Consumer Discretionary SPDR (XLY) are up .74 to 89.56 today.? XLY is near the top of the 52 week range.

  • Paper traded 5000 XLY May05 90 calls for .34.?
  • The ADV is 7508 contracts.? ?
  • The open interest is 5000 calls.

The volume went up in 1 block on the PHLX.? This block trades near the bid on a .08 market, possibly to close then over 5000 calls sweep existing offers.? It appears paper has two different opinions on this strike this afternoon.

  • IV 30 is trading for 10%.?
  • HV10 is trading for 9%.?
  • IV 30 is above the HV 10.

Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index)