Calls trade in BRCM- OTM calls sold
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Shares of Broadcom Corp (BRCM) are up .44 to 46.43 today.? BRCM is near the upper end of the 52 Week range.
- Paper traded 5000 BRCM Aug 50 calls at 1.16 today.
- The ADV is 10215 contracts.
- The OI is 1733 contracts.
The volume went up in 1 block marked price variation on the CBOE.? The trade looks like a giant call sale but no stock printed near that size.? This could be a sale against an existing position or outride fade of the recent takeover rumors.
- IV 30 is trading for 27%.
- HV10 is trading for 18%.
- IV 30 is trading above the HV 10.
Broadcom Corporation (Broadcom) is a global semiconductor solution for wired and wireless communications. Broadcom products seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environment. The Company provides system-on-a-chip (SoC), and software solutions.
Calls trade in OPK- stock replacement strategy
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Shares of Opko Health Inc. (OPK) are up .74 to 15.55 today. ??OPKO is at the top of 52 week range.
- Paper traded 10000 OPKO Jan 2016 10 calls for 5.60.
- The ADV is 5310 contracts.
- The OI is 46315 respectively.
The volume went up in 1 block marked price variation on ARCA. ?OPK is trading at 1 year highs and this trade as price could either be a stock replacement strategy or a buy close.? Stock of 800000 shared went up for $15 so the buy write close is less likely on that ratio.? There is heavy OI so most likely the trader is adding more to the position.
- HV10 is trading for 37%.
- IV 30 is trading 42%.
- IV 30 is trading below the HV 10.
OPKO Health Inc. is?a multi-national biopharmaceutical and diagnostics company. The Company is involved in developing a range of solutions to diagnose, treat and prevent various conditions, including point-of-care tests, laboratory developed tests (LDTs), molecular diagnostics tests, and proprietary pharmaceuticals and vaccines.
Calls trade in OCN- ratio buy writes trading
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Shares of Ocwen Financial Corp. (OCN) are down .41 to 10.12.? OCN is near the middle of the 52 week range.
- Paper traded 26000 OCN Jan 2016 12.5 calls at .90.
- The ADV is 8400 contracts. ?
- The OI is 11164 contracts.
The volume went up in 1 block on the PHLX.? OCN trade down big this year and has since come back.? The trade has 910000 shares of stock against it to create short ratio buy write. Essentially the trader is looking for OCN to tread water from here on out until Jan 2016.? This trade looks opening.
- IV 30 is trading for 58%.
- HV10 is trading for 107%.
- IV 30 is below the HV 10.
Ocwen Financial Corporation is a financial services holding company. The Company is engaged in the servicing and origination of mortgage loans. The Company’s Shared Appreciation Modification (SAM) incorporates principal reductions and lower payments for borrowers while providing a net present value positive loss mitigation outcome for investors, including the ability to recoup losses if property values increase over time. It operates in three segments: Servicing, Lending, and Corporate Items and Other.