10000 CBI Jan19 2018 35/ Jan18 2019 45 call spreads went up in 2 blocks on the AMEX.?
Shares of Chicago Bridge and Iron Co (CBI) are down .07 to 30.31 today. ?CBI is near the low end of the range.
- Paper traded 10000 CBI Jan19 2018 35/ Jan18 2019 45 call spread for. .34.?
- The ADV is 4230 contracts.?
- The OI is 3434 contracts.
The volume went up in 2 blocks on the AMEX.? ?The trade looks like a roll on the CBI Jan 2018 and opening a new short call on the 2019s.? This would be consistent with a buy write type of roll out since CBI is near year lows.
- IV 30 is trading 36%
- HV10 is trading for 22%.?
- IV 30 is trading above the HV 10.
Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services. Its Engineering and Construction segment provides engineering, procurement, and construction (EPC) services.