8250/6600 HBI Jun 26 puts and Jun 27 calls went up in 2 blocks on the PHLX marked spread.?

HBI

Shares of Hanesbrands Inc. (HBI) are down .27 to 26.99 today.? HBI is near the middle of the 52 week range.

  • Paper traded 8250/6600 HBI Jun 26 puts and Jun 27 calls for .45 and .70.?
  • The ADV is 25669.?
  • The OI is 1663 on the puts and 2453 on the calls.

The volume went up in 2 blocks on the PHLX marked spread.? Total volume is over 10k contracts as traders bought puts and sold calls.? There was no size stock printing so the trade is very short term bearish as printed.

  • IV 30 is trading for 29%.?
  • HV10 is trading for 19%.?
  • IV 30 is trading above the HV 10.

Hanesbrands Inc. is a manufacturer and marketer of apparel. The Company operates through four segments: Innerwear, Activewear, Direct to Consumer and International. Its portfolio of brands includes Hanes, Champion, Maidenform, DIM, Playtex, Bali, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Lilyette and Gear for Sports.