10123 PG May19 87.5 / Jul21 85 put spreads went up in 2 blocks on the ARCA marked spread. ??

procter and gamble

Shares of Proctor and Gamble Co (PG) are up .38 to 86.22.? ?PG is near the top of the 52 week range.

  • Paper traded 10123 PG May19 87.5 / Jul21 85 puts spread for .10.?
  • The ADV is 14000 contracts.? ?
  • The open interest is 18659 and 1522 contracts.

The volume went up in 2 blocks on the ARCA marked spread. ??The trader looks like a serial put seller and is rolling out the May puts to Jul.? They are keeping the short put trade close to the money for yield and/or taking the stock.

  • IV 30 is trading for 11%.?
  • HV10 is trading for 3%.?
  • IV 30 is above the HV 10.

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care.