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EWI Strangle Buyers
513/437 EWI May19 26 call over 25 puts went up in 2 blocks on the CBOE marked spread
Calendar Spread Trades on Wells Fargo (WFC)
With shares of Wells Fargo trading near a three-month low, one institutional trader is initiating a calendar spread today.
Bearish Three-Way Spread Trades on Groupon (GRPN)
With GRPN trading a buck above it?s 52-week low, one trader is taking the opportunity to buy downside on the name today.
Calls Purchased on Medivation (MDVN)
With shares of Medivation sitting at a critical support level, upside calls are active on the name today. Within the first hour of trading, call volume has popped to 3.4x normal volume.
Volatility Trading Digest – Election Correction
Up until last week the correction appeared to be a normal retreat from the previous high made on September 14, but now the picture is less favorable from a technical perspective as the correction could be morphing into some more serious such as liquidation before the election. It could go either way, but we should have the answer this week.
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