4500 NBR May19 11 puts over 10000 NBR May19 10 puts went up in 2 blocks on the ARCA
Shares of Nabors Industries Ltd (NBR) are down.07 to 10.27 today. ?NBR is near the lower end of the 52 week range.
- Paper traded 4500 NBR May19 11 puts over 10000 NBR May19 10 puts for .84 and .29.?
- The ADV is 4727 contracts.?
- The OI is 6376 and 2247 contracts.
The volume went up in 2 blocks on the ARCA.? This trader is likely closing their May 11s and loading up on the May 10s.? The short put buy is pretty aggressive even if the position is opening on both sides.? There is some short delta option flow into the energy producers lately.
- IV 30 is trading for 45%
- HV10 is trading for 52%.?
- IV 30 is trading below the HV 10.
Nabors Industries Ltd. owns and operates a land-based drilling rig fleet.