The ETF traded over 11,000 options Wednesday on total daily average option volume of just 3,552. All but 1,599 contracts were calls. The action was in the August 39 calls where over 7,700 traded; substantially purchases.
The company traded over 5,900 options on total daily average option volume of just 322. Every option was a put (zero calls)
This trade looks just like a call roll. Where someone closes the position in the front month into expo and re-opens in the second month. It's the prices and the broker's reluctance to give color that has me curious.
The company traded over 7,600 options on total daily average option volume of just 2,112. All but 351 contracts have been puts. The largest trade has been a Dec 25/30 put spread purchase for $1.30.
The company has traded over 7,300 options in the first three hours on total daily average option volume of just 2,281
So the company averages 107 contracts traded a day; of which 65 are calls. Here's where it gets fishy.
The company traded over 9,060 options in the first two hours on total daily average option volume of just 220 (not a typo).
A second look at a trade involving weeklies
The company traded over 6,000 options on total daily average option volume of just 1,403. All but 49 contracts were calls. The largest trades were purchases of the August 14 and September 15 calls.
The company traded over 16,000 options in the first two hours on total daily average option volume of just 2,364. 10,000+ of the contracts were done in a front month 17/18 strangle sale (one week trade) @ $0.30.
The ETF traded over 52,000 options on total daily average option volume of just 13,877. All but 2,536 contracts have been puts. The largest trade has been a September 28/30 put spread bought for $0.41 12,000x.
Note a few things: 1) The Aug weekly vol is down 43 points. 2) The Aug monthly vol is down 17 points. 3) The Aug weekly 40 strike calls are priced at ~80 vol. 4) The Aug monthly 38 strike calls are priced at ~56 vol.