28250 ETE Mar17 20 calls went up in 1 block on the AMEX.?

ETE

Shares of Energy Transfer Partners LP (ETE) are down .26.? ?ETE is near the top of the 52 week range.

  • Paper traded 28250 ETE Mar17 20 calls at .20.?
  • The ADV is 16364 contracts.? ?
  • The open interest is 35561 contracts.

The volume went up in 1 block on the AMEX.? There is huge open interest on this strike so the trade could be a sell to close.? More likely the trader is trying to pick up some yield which in this case is around 1%. The volume traded through the posted bid.

  • IV 30 is trading for 37%.?
  • HV10 is trading for 26%.?
  • IV 30 is above the HV 10.

Energy Transfer Equity, L.P. (ETE) directly and indirectly owns equity interests in Energy Transfer Partners, L.P. (ETP) and SUN LP, which are engaged in diversified energy-related services.