6990/13980 WBA Dec23 87/88 call spreads went up in two blocks on the PHLX

Shares of Walgreens Boots Alliance (WBA) are down .05 to 86.03 today.? WBA is near the top of the 52 week range.

  • Paper traded 6990/13980 WBA Dec23 87/88 call spreads for .02. ??
  • ADV is 12097 contracts.?
  • The OI is less than 500 contracts.

The volume went up in two blocks on the PHLX marked spread. With the trade dead in the middle it is most likely the call ratio spread went up with paper buying for ,.02.? That would mean they see a small rally into the end of the week.

  • IV 30 is trading 25%.?
  • HV10 is trading for 19%.?
  • IV 30 is above the HV 10.

Walgreens Boots Alliance, Inc. is a holding company. The Company is a pharmacy-led health and wellbeing company. The Company operates through three segments: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.