25000 AZN Jan 67.5 puts and 77.5 calls went up in 2 giant blocks.? This looks like they bought put and sold calls with a 1.1 million share block.?
Put roll in CLF- house money roll
Shares of the Cliffs Natural Resources Inc. (CLF) are down .35 to 6.44 today.? CLF is making a 52 week low.
Paper traded 6994/7400 CLF Jan 5/10 put spread for 3.82. ?
- The ADV is 45579 contracts.
- The OI is 25k and 47k contracts.
The volume went up in 2 large blocks.? Trade is very heavy today with what looks like considerable rolling down in many strikes.? CLF was mentioned as a downgrade and some long put holders are taking advantage by rolling down.
- IV 30 is trading for 112%.
- HV10 is trading for 67%.
- IV 30 is trading over the HV 10.
Cliffs Natural Resources Inc. is an international mining and natural resources company. The Company is an iron ore producer and a producer of metallurgical coal. The Company?s operations are organized according to product category and geographic location: U.S. Iron Ore, Eastern Canadian Iron Ore, North American Coal, Asia Pacific Iron Ore, Asia Pacific Coal, Latin American Iron Ore, Ferroalloys, and its Global Exploration Group.
Combos in AZN- combos and stock on a ratio
Shares of AstraZeneca plc (AZN) trade up .41 to 69.97 today. ??AZN is near the middle of the 52 week range.
Paper traded 25000 AZN Jan 67.5 puts and 77.5 calls for 1.00. ??
- The ADV is 6074 contracts.
- The OI is 4000 and 19000 contracts.
The volume went up in 2 giant blocks.? This looks like they bought put and sold calls with a 1.1 million share block.? The trade has a slight bullish ratio which is looking for AZN to make a rally or AZN to protect against a large market correction.
- IV 30 is trading for 27%.
- HV10 is trading for 25%.
- IV 30 is trading over the HV 10.
AstraZeneca PLC (AstraZeneca) is a global biopharmaceutical company. AstraZeneca discovers, develops and commercializes prescription medicines for six areas of healthcare: Cardiovascular, Gastrointestinal, Infection, Neuroscience, Oncology, and Respiratory and Inflammation.
Calls trade in CTRP- large call buyer
Shares of Ctrip.com International, ltd (CTRP) are up .28 to 41.44 today. CTRP is in the lower end of the 52 week range.
Paper traded 2772 BEN Jan 50 puts for 1.15.?
- The ADV is 6667 contracts. ?
- The OI is 4 contracts.
The volume went up in 3 blocks.? The calls traded into a 2.20 wide market with the print going up somewhere near the offer.? 480000 shares went up within 2 minutes of the calls so this one is most likely tied to stock with the print well below the posted bid.? This set up is a long gamma type play in the out months looking for a run in the underlying.
- IV 30 is trading for 28%.
- HV10 is trading for 27%.
- IV 30 is trading over the HV 10.
Ctrip.com International, Ltd. (Ctrip) is a consolidator of hotel accommodations and airline tickets in China. The Company also offers packaged-tour products and other products and services. As of December 31, 2013, the Company operates its business through its subsidiaries, which include C-Travel International Limited, Ctrip.com (Hong Kong) Limited, Ctrip Computer Technology (Shanghai) Co., Ltd, Ctrip Travel Information Technology (Shanghai) Co., Ltd, Ctrip Travel Network Technology (Shanghai) Co., Ltd., Ctrip Information Technology (Nantong) Co., Ltd., China Software Hotel Information System Co, ezTravel Co., Ltd and HKWOT (BVI) Limited.