4900 BBY Oct 30 Weekly 31.5/35.5 put spreads went up in 2 blocks on the ARCA
Shares of Best Buy Co Inc. (BBY) are down .84 to 35.89 today. ?BBY is near the middle of the 52 week range.
- Paper traded 4900 BBY Oct 30 Weekly 31.5/35.5 put spreads for 1.06.
- The ADV is 3200 contracts.?
- The OI is less than 50 contracts.
The volume went up in 2 blocks on the ARCA marked spread.? The nearer term trade is a straight bearish opening put spread as priced.? The investor is looking for lower prices in BBY today with stocks going south and this put spread is ITM so far.? No stock of size went up with the trade on the print.
- IV 30 is trading for 33%.?
- HV10 is trading for 18%.?
- IV 30 is trading above the HV 10.
Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers service to the consumers, small business owners and educators, who visit its stores, engage with Geek Squad agents or use its Websites or mobile applications.