20000 OCN Jan19 2018 3 calls went up in 1 block on the AMEX.? ?

OCN

Shares of Ocwen Financial Corp (OCN) are down .04 to 2.67 today. ?OCN is near the bottom of the 52 week range.

  • Paper traded 20000 OCN Jan19 2018 3 calls at .45.?
  • The ADV is 7192 contracts.?
  • The OI is 45505 contracts.

The volume went up in 1 block on the AMEX.? ?This call trader could be closing a large block of options with this block taking out a .45 bid in the options.? The 2019 ATM calls traded as well with the investor selling.? The trade could be a long close after OCN just dropped $2 in the last several weeks.

  • IV 30 is trading 82%
  • HV10 is trading for 173%.?
  • IV 30 is trading below the HV 10.

Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, originates and services loans. The Company’s segments include Servicing, Lending, and Corporate Items and Other.