1000 RIO Oct 37.5 calls went up in 1 block on the AMEX marked Price Variation.?
Shares of Rio Tinto Plc (RIO) are up .73 to 37.12 today. ?RIO is near the bottom of the 52 week range.
- Paper traded 1000 RIO Oct 37.5 calls for 1.55. ?
- The ADV is 3582 contracts.?
- The OI is 876 contracts.
The volume went up in 1 block on the AMEX marked Price Variation.? This trade looks like a delta neutral combination with stock that is opening.? The trader is looking for a power move in RIO between now and Oct expiration.
- IV 30 is trading for 40%.?
- HV10 is trading for 57%.?
- IV 30 is trading below the HV 10.
Rio Tinto plc (Rio Tinto) is a global mining company. Rio Tinto focuses on finding, mining, and processing the Earth’s mineral resources. The Company operates through five product groups, including aluminum, copper, diamonds and minerals, energy product and iron ore. Its aluminum product group includes business includes bauxite mines, large-scale alumina refineries aluminum smelters.