Shares of the SPDR S&P 500 Trust ETF (SPY) are trading up .31 today to $141.77.? SPY has a .81 range today.
Paper rolled the SPY Dec 14 Weekly 138 puts to the SPY Jan 138 puts for 1.85 10,000x.? Volume is very heavy on both strikes with 27k and 38k, respectively.? Volatility is near unchanged in January after this trade.? Open interest is very high on the strike.
30-day implied volatility is 15%.?? 10-day implied volatility is 9.2%.? 30-day implied volatility is trading just over the 10-day historical volatility.? The recent low in SPY is 134.70.
SPDR S&P 500 Trust is the ETF that tracks the S&P 500 Index.