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? ? ? ? ? ? ? ??? ? ? ? ?? ? Calls Trade In ETE – Big Ratio Call Spreads Trade
Shares of Energy Transfer Partners LP (ETE) are up .39 to 16.34 today. ETE is near the middle of the 52? week range.
?????? Paper traded 8500/17000 ETE Jan2017 17.5/20 call spreads for 1.05 over .40.????
?????? The ADV is 24k contracts.?
??????? The OI is 23k and 72k contracts.
The volume went up in 2 blocks on the ARCA.? There was additional spread volume and the trade as priced had the 20s through the bid.? If opening the trader wants the 1 x 2 call spread for .25 debit. It is unlikely the customer would be able to buy that far below the bid on the 20s.? It appears they are doing more of the same volume (buying 1 and selling 2) here or buying to close the 17.5s and paying a debit.? Generally 1 x 2 traders would want a credit to exit.
?????????? IV 30 is trading for 48%.?
?????????? HV10 is trading for 29%.?
?????????? IV 30 is above the HV 10.
Energy Transfer Equity, L.P. (ETE) directly and indirectly owns equity interests in Energy Transfer Partners, L.P. (ETP) and SUN LP, which are engaged in diversified energy-related services.