The Options Insider

Block of Puts Hits the Bid in WU

by | Apr 22, 2015 | Unusual Activity

2500 WU May 20 puts went up in 1 block on the PHLX w/ no stock attached

Calls trade in AU- possible calls versus stock

?AU

Yesterday, shares of AngloGold Ashanti Limited (AU) were up .04 to 11.58. ??AU is near the middle of the 52-week range.

  • Paper traded 18500 AU Oct 12 calls for 1.15.
  • The ADV is 1097 contracts.
  • The OI is 2468 contracts.

The volume went up one block on the ISE through auto execution.? The trade looks crossed at lower prices and the stock is up since the print.? The options are bid up and stock of 925k shares went up 11.41.? This is roughly a delta neutral front spread where the trader is not expecting too much.

  • IV 30 is trading for 50%.
  • HV10 is trading for 53%.
  • IV 30 is trading below the HV 10.

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining and exploration company with a portfolio of mining operations and projects on four continents. The company works across the spectrum of the mining value chain.

 

Calls trade in KMI- more call spreads trade long term

?KMI

Shares of Kinder Morgan Inc. (KMI) were down .05 to 43.66 yesterday. ?KMI is near the middle of the 52 week range.

  • Paper traded 26000 KMI Jan 2017 50/60 call spreads for 1.05.
  • The ADV is 26k contracts.
  • The OI is over 200k contracts on both strikes.

The volume went up in two blocks marked spread on the PHLX. ??This trade is part of total volume of 200k contracts where a steady buyer is looking to get in for the 1.05 level.? They seem to keep buying more and more call spreads.

  • IV 30 is trading for 16%.
  • HV10 is trading for 8%.
  • V 30 is trading above the HV 10.

Kinder Morgan, Inc. (KMI) is the energy infrastructure company in North America. It owns an interest in or operates approximately 80,000 miles of pipelines and 180 terminals.

 

Puts trade in WU- block of puts hit the bid

?WU

Shares of Western Union Co. (WU) were up .03 to 20.76 yesterday. ?WU is near the upper end of the 52 week range.

  • Paper traded 2500 WU May 20 puts for .30 on the PHLX.
  • The ADV is 4027 contracts. ?
  • The OI is 1039 contracts.

The volume went up in 1 block on the PHLX.? No stock was attached to this put block and the puts appear to be .30 going out.? The seller hit the bid for sure as an aggressive long play on earnings but the put bid is not going away either.

  • IV 30 is trading for 29%.
  • HV10 is trading for 15%.
  • IV 30 is above the HV 10.

The Western Union Company (Western Union) is engaged in money movement and payment services. The Company’s services are available through a network of agent locations in more than 200 countries and territories. The Company operates in three segments, including Consumer-to-Consumer, Consumer-to-Business and Business Solutions.