6200/13000 DLTR Jan2017 85/90 call spreads went up in 3 blocks on the PHLX
Shares of Dollar Tree Inc. (DLTR) are up 1.53 to 80.70 today. DLTR is near the top of the 52 Week range.
- Paper traded roughly 6200/13000 DLTR Jan2017 85/90 call spreads for 2.00 and .775.? ?
- ADV is 4656.?
- The OI is 5784 and 965 contracts.
The volume went up in 3 blocks on the PHLX marked spread.? As priced the trader looks like they paid just under .50 for the 1 x 2 call spread.? With earnings in a week they could be looking for a drop in vol and a move higher in DLTR past the holidays.? If the trade was the other way to open, the investor would want a small credit to Jan which looks unlikely.
- IV 30 is trading for 34%.?
- HV10 is trading for 18%.?
- IV 30 is above the HV 10.
Dollar Tree, Inc. is an operator of discount variety stores. The Company operates approximately 13,851 discount variety retail stores. The Company’s segments include Dollar Tree and Family Dollar.