10000/5000 IYR Mar 71/76 put spreads went up in 2 blocks on the PHLX
Shares of the iShares Dow Jones US Real Estate Index (IYR) are up .01 to 76.84 today.? IYR is in the middle of the 52 week range.
- Paper traded 10000/5000 IYR Mar 71/76 put spreads for .57 over 1.82.?
- The ADV is 39k per day.?
- The OI is 15k+ per strike.
The volume went up in 2 blocks on the PHLX marked spread. ?The 76 puts went up through the offer so the trader is most likely looking for low cost pull back in IYR.? The debit would be about .68 and do well on slight drop in IYR.? Normally a closing 1 x 2 would collect a credit so it is unlikely the trade is a close.
- IV 30 is trading 14%.?
- HV10 is trading for 12%.?
- IV 30 is trading above the HV 10.
iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund.