This appears to be the classic ?tiny put? sale where the customer is selling a far out of the money put, in this case over 40% in order to collect a small premium that is highly likely to land in his or her pocket.
Paper bought 5k MRO Aug 15 puts & sold 15k Aug 14 puts for a credit of .85 per spread.
It’s not the usual suspects for this midday hot options report.
The time has come to update Volatility Kings.
http://tabbforum.com/opinions/interest-rate-swap-futures-a-la-carte-using-single-sided-swap-futures?utm_campaign=88273180a0-UA-12160392-1&utm_medium=email&utm_source=TabbFORUM%20Alerts&utm_term=0_29f4b8f8f1-88273180a0-278560565
http://www.nytimes.com/2016/07/06/business/dealbook/twinkies-gores-hostess-brands.html?ref=business&_r=0
http://www.cnbc.com/2016/07/05/us-markets.html
http://www.marketwatch.com/story/goldilocks-jobs-report-for-june-would-be-just-right-2016-07-03
http://www.bloomberg.com/news/articles/2016-07-05/treasury-yields-fall-toward-record-lows-as-payrolls-test-looms
http://www.bloomberg.com/news/articles/2016-07-05/world-s-top-oil-trader-says-prices-won-t-rise-much-further
http://www.cnbc.com/2016/07/01/harley-davidson-revs-20-pct-on-speculation-kkr-interested-in-buying-the-company.html
http://www.cnbc.com/2016/07/05/us-oil-reserves-surpass-those-of-saudi-arabia-and-russia.html