25000 AKS Jan 2017 4 calls went up in 1 block on the PHLX marked Buy-Write.

Calls trade in AKS- big buywrite goes up

AKS

Shares of AK Steel Holding Corp. (AKS) are down .15 to 3.40? ?AKS is making a 52 week low.

  • Paper traded 25000 AKS Jan 2017 4 calls for .88.
  • The ADV is 9999 contracts.
  • The OI is 1213.

The volume went up in 1 block on the PHLX marked Buy-Write. Stock of 1425000 on the CHX for 3.48.? The trade sets up where the customer bought stock and sold calls on a delta neutral ratio.? This way if AKS drops the call sales will finance most of the stock price.

  • IV 30 is trading for 74%.
  • HV10 is trading for 52%.
  • IV 30 is trading above the HV 10.

AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company).

 

Calls trade in VIXY- opening call buyer

VIXY

Shares of ProShares VIX Short-Term Futures ETF (VIXY) are up .26 to 13.55 today. ?VIXY is near the lower end of the 52 week range.

  • Paper traded 1000 VIXY Aug 15 calls for 1.15.
  • The ADV is 668 contracts.
  • The OI is 97 contracts.

The volume went up in several blocks on the CBOE.? This trader lifted the offer for 1.15 and placed the 1.15 bid until filled.? The trade looks bullish volatility as priced.

UA profiled an Aug 14 call buyer for .70 last week.

  • IV 30 is trading 86%.
  • HV10 is trading for 101%.
  • IV 30 is trading above the HV 10.

ProShares VIX Short Term Futures ETF seeks investment results, before fees and expenses that match the performance of the S&P 500 VIX Short Term Futures Index.

 

 

Calls trade in MU- giant call block goes up

unusual options activity in MU

Shares of Micron Technologies, Inc. (MU) are down .36 to 18.70 today.? MU is at the bottom of the 52 week range.

  • Paper traded 30000 MU Aug 19 calls for .83. ?
  • The ADV is 90k contracts. ?
  • The OI is 4115 contracts.

The volume went up in one block on the ISE marked AutoEx. This huge block went through the system lifting the prevailing market in a .01 spread.? The trade looks bullish as AutoEx trades are generally not tied to stock.

  • IV 30 is trading for 37%.
  • HV10 is trading for 101%.
  • IV 30 is below the HV 10.

Micron Technology, Inc. is a global provider of semiconductor devices. Through the Company?s global operations, it manufactures and markets a full range of Dynamic Random Access Memory (DRAM), NAND Flash and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, automotive, industrial, embedded and mobile products.