2379 AKS May 06 weekly 4.5 calls went up in one block on BATS.?

AKS

Shares of AK Steel Holding Corp (AKS) are up .01 to 4.18 today.? AKS in in the middle of the 52 week range.

  • Paper traded 2379 AKS May 06 weekly 4.5 calls for .35.??
  • ADV is 8300 contracts.
  • The OI is 0 contracts.

The trade went up in one block on BATS.? Total volume on the strike is over 9k contracts with call buyers jumping in to pump up the volatility.? There is call buying in the May ordinary 5s as well with IV up 3 points in the near term.

  • IV30 is 90% and HV10 is 65%??
  • The Implied volatility trades at a premium to the realized volatility currently.

AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company).