3000/5000/2000 RY Jul 50/55/60 puts went up in 3 blocks marked spread.?
Calls trade in KMI- massive call spreads trade
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Shares of Kinder Morgan Inc. (KMI) are up .59 to 44.02 today. ?KMI is near the middle of the 52 week range.
- Paper traded 24000 KMI Jan 2017 50/60 call spreads for 1.00.
- The ADV is 19714 contracts.
- The OI is 56000+ on both strikes.
The volume went up in 2 blocks marked spread on the ISE.? Total volume on the spread is over 98000 contracts as paper looks like they are positioning for an upside move based on pricing.? The trade looks like they are adding more of the same upside.
- IV 30 is trading for 15%.
- HV10 is trading for 9%.
- IV 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. The company?s pipelines transport natural gas, gasoline, crude oil, CO2 and other products, and its terminals store petroleum products and chemicals, and handle bulk materials like coal and petroleum coke. Its businesses include Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada
Puts trade in TUR- steady buyer looks filled
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Shares of the iShares MSCI Turkey ETF (TUR) are up .97 to 46.21 today. ??TUR is near the low end of the 52 week range.
- Paper traded 4200 TUR May 43 puts for .60-70.
- The ADV is 246 contracts.
- The OI is 4 contracts.
The volume went up in small blocks working orders at two different intervals.? Paper started the day paying up to .70 for these puts and eventually was filled on the bid for .60.? The trader looks like they are establishing a short position in TUR.? There was no stock of size trading so this is either a protective trade or an outright short betting TUR goes back to year lows.
- IV 30 is trading for 31%.
- HV10 is trading for 32%.
- IV 30 is trading below the HV 10.
iShares MSCI Turkey ETF (the Fund), formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Turkey Investable Market Index (the Underlying Index).?
Puts trade in RY- broken wing put flies go up
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Shares of Royal Bank of Canada (RY) are up .66 to 66.70 today. ?RY is near the middle the 52 week range.
- Paper traded 3000/5000/2000 RY Jul 50/55/60 puts for .20/.30/.80.
- The ADV is 2810 contracts. ?
- The OI is 10756/19172 and 692 contracts.
The volume went up in 3 blocks marked spread.? As the trade was price, this looks like a broken wing butterfly for a debit.? The trader is looking for a move lower to profit here.? Pricing looks buying the 50s and 60s so even if this was a close and roll the result would still be a modified fly where the closer to the money strike is a long put.? The trade is looking for a pullback here with best prices near year lows for RY.
- IV 30 is trading for 17%.
- HV10 is trading for 10%.
- IV 30 is above the HV 10.
Royal Bank of Canada is a banking company. It serves over 16 million personal, business and corporate clients across a diversified mix of businesses in 40 countries. The Company?s five business segments include Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services and Capital Markets.