2k VSAT put/call combos traded today for 1.40 with?the puts trading on the bid and the calls mid-market.?

Combo buyers in VSAT- put buying protection

VSAT

Shares of ViaSat, Inc. (VSAT) are down .81 to 59.62 today.? VSAT is near the middle of the 52 week range.

Today paper traded 2000 VSAT Nov 55p/70 call combos for 1.40.?

  • The ADV is 283 contracts.
  • The OI is 873 on the puts and 0 contracts in the calls.

Volume went up in 2 blocks marked spread.? The trade went with the puts trading on the bid and the calls mid-market.? This paper is more consistent with a protective combo where the trader has an existing position and is looking for protection OR wants a reduced risk short delta.

  • 30-day implied volatility is 58%.
  • 10-day implied volatility is 33%.
  • 30 day implied volatility is trading above the 10 day realized volatility

ViaSat, Inc. is a provider of high-speed fixed and mobile broadband services, advanced satellite and other wireless networks and secure networking systems, products and services. The Company is developing complex satellite communication systems and equipment for the United States government and select commercial customers to develop satellite broadband technologies and services for both fixed and mobile users.

 

Puts trade in GNW- possible below market trade

GNW

Shares of Genworth Financial Inc. (GNW) are down 5.12 to 8.94 today.? GNW is at the bottom of the 52 week range.

Today paper traded 2750 GNW Dec 9/12 put spreads for 2.00.?

  • The ADV is 7100 contracts.
  • The OI is 3751 and 4097 contracts.

Volume went up in 2 blocks.? The trade looks like a put spread sale with the Dec 12 put side trading .38 underwater.? The customer was selling out a put spread or rolling down to the 9 line.? The trade looks very successful but seemed to have left .38 on the table.

  • 30-day implied volatility is 65%.
  • 10-day implied volatility is 12%.
  • 30 day implied volatility is trading above the 10 day realized volatility

Genworth Financial, Inc. (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries.

 

Giant rolling spread in NEM- spreads roll down

NEM

Shares of Newmont Mining Corp (NEM) are up .38 to 18.21 today.? NEM is near the bottom of the 52 week range.

Today paper traded 18010 NEM Mar 19/21 put spread for 1.36 and 27015/18010 NEM Mar15/17 put spreads for .61 (1 to 1).

  • The ADV is 19071 contracts.
  • The OI is 113/511 on the lower strikes and 18358/18513 on the upper strikes.

Volume went up in 4 giant blocks.? The Mar 19/21 put spread looked close based on the pricing with the new put spread looking like a buy 1/1.5 ratio spread.? The new trade is looking for a landing between $15 and $17.

  • 30-day implied volatility is 39%.
  • 10-day implied volatility is 46%.
  • 30 day implied volatility is trading below the 10 day realized volatility

Newmont Mining Corporation is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. As of December 31, 2012, Newmont had attributable and probable gold reserves of 99.2 million ounces and an aggregate land position of approximately 29,000 square miles (75,000 square kilometers). Newmont is also engaged in the production of copper, principally through Batu Hijau in Indonesia and Boddington in Australia. Its operating segments include North America, South America, Asia Pacific and Africa. In February 2014, Klondex Mines Ltd closed the acquisition of the Midas mine and related ore milling facility located in the State of Nevada from a subsidiary of Newmont Mining Corp.