14197/5000 TYC Jun 41/Jul 42 calls went up in 2 blocks marked spread on ARCA. ??
Calls trade in TYC- big call roll
Shares of Tyco International PLC (TYC) are up .39 to 40.66 today. ?TYC is near the middle of the 52 week range.
- Paper traded 14197/5000 TYC Jun 41/Jul 42 calls for .04 and .42.
- The ADV is 1683 contracts.
- The OI is 20409 and 8339 contracts.
The volume went up in 2 blocks marked spread on ARCA. ??The trade looks like a down money roll where the investor is closing out the Jun 41s and rolling into the Jul 42s or diagonal spread to save dollars on the call purchase.?
UA profiled a call sale on May 21st in TYC.
- IV 30 is trading for 19%.
- HV10 is trading for 13%.
- IV 30 is trading above the HV 10.
Tyco International PLC (Tyco), formerly Tyco International Ltd., is engaged in providing security products and services, fire detection and suppression products and services, as well as life safety products. The Company operates through three segments.
Calls buyers in ARMH- traders reaching OTM ???????????????????
Shares of ARM Holdings plc (ARMH) are up .51 to 52.01 today. ?ARMH is near the upper end of the 52 week range.
- Paper traded 3200 ARMH Oct 65 calls for .45.
- The ADV is 1678 contracts.
- The OI is 2124 contracts.
The volume went up in 1 block on the PHLX.? The options did not go up tied to stock so this looks like a straight upside spec call buy.? ARMH would have to make new all-time highs for these calls to really pay.
- IV 30 is trading 26%.
- HV10 is trading for 13%.
- IV 30 is trading above the HV 10.
ARM Holdings plc (ARM) is a United Kingdom-based company engaged in designing of microprocessors, physical intellectual property (IP) and related technology and software, and sale of development tools.
Calls trade in XLF- massive call sale
Shares of Select Sector Financial Services (XLF) are up .18 to 25.22 today.? ?XLF is making a 52 week high.
- Paper traded 115k XLF Dec 26 calls at .64.
- The ADV is 98k contracts. ?
- The OI is 139321 contracts.
The volume went up in 1 block on the PHLX.? 4.1 million shares go up for 25.11 concurrent with the call sale so this could be closing a very large ratio buy write or the trader is jumping in to double the volume. The trade as printed is very close to delta neutral.
- IV 30 is trading for 12%.
- HV10 is trading for 11%.
- IV 30 is above the HV 10.
Financial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Financial Select Sector Index (the Index). The Index includes companies from the following industries diversified financial services; insurance; commercial banks; capital markets; real estate investment trusts (REITs); consumer finance; thrifts and mortgage finance; and real estate management and development. The Fund?s investment advisor is SSgA Funds Management, Inc.