2500 LL Aug 22/30 call spreads over 2000 LL Aug 10 puts went up in many blocks on the ISE marked combo.?
Shares of Lumber Liquidators Holdings (LL) are up .12 to 17.77 today. LL is near the lower end of the 52 week range.
- Paper traded 2500 LL Aug 22/30 call spreads over 2000 LL Aug 10 puts for 1.71 and .95. ?
- The ADV is 4540 contracts.? ?
- The open interest is 2 contracts in the puts.
The volume went up in many blocks on the ISE marked combo.? This trade went up piecemeal and there is a block of 15000 shares concurrent with the option combos.? The total trade delta is 4x the stock print and the call spreads priced to buy with the puts priced to sell.? Most likely the trader wants to be long into Aug.
- IV 30 is trading for 68%.?
- HV10 is trading for 138%.?
- IV 30 is below the HV 10.
Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is a retailer of hardwood flooring, and hardwood flooring enhancements and accessories in North America.