6500 SLCA Jun16 30/37 put spreads went up in 2 blocks on the ISE marked spread.?
Shares of US Silica Holdings Inc. (SLCA) are down 2.18 to 34.82 today.? SLCA is near the lower end of the 52 week range.
- Paper traded 6500 SLCA Jun16 30/37 put spreads for 2.70.?
- The ADV is 3154 contracts.? ?
- The open interest is less than 500 contracts.
The volume went up in 2 blocks on the ISE marked spread.? This put spread trade looks opening with a bias toward buying.? Other puts and puts and stock traded today with some of that volume closing or rolling.? The spread featured does look bearish in nature as SLCA declines.
- IV 30 is trading for 50%.?
- HV10 is trading for 51%.?
- IV 30 is below the HV 10.
U.S. Silica Holdings, Inc. is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.