5000 EWZ Feb 35.5/37 call spreads went up in 2 blocks in the middle of the market but very close to the offer.?
Call spreads in EWZ- possible call rolls.
Shares of iShares MSCI Brazil Index (EWZ) are up .18 to 34.49. ??EWZ is near the bottom of the 52 week range.
Paper traded 5000 EWZ Feb 35.5/37 call spreads for .41.?
- The ADV is 89k contracts.
- The OI is 42 and 8243 contracts.
The volume went up in 2 blocks.? The trade went up in the middle of the market but very close to the offer.? The call spread is most likely a roll down from the 37 strike to gain in a pop in the underlying closer to the money.? A large spread went up in the Feb 34/34.5 strike as well but right in the middle of the market.? IV is up slightly in Feb indicating buy.
- IV 30 is trading for 34.5%.
- HV10 is trading for 43%.
- IV 30 is trading below the HV 10.
iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index). The Index seeks to measure the performance of the Brazilian equity market.
3 way in DHR- looks like a call stupid over puts
Shares Danaher Corp (DHR) are up .34 to 82.71 today. ?DHR is in the middle of the 52 week range.
Paper traded 15000 DHR Sep 75 puts and Sep 85/95 call spreads for 6.30 ??
- The ADV is 5843 contracts.
- The OI is less than 25 contracts.
The volume went up in 3 blocks marked buywrite.? A block of 780000 shares went up marked ?derivative?.? The call spread versus the short put is a curious set up since it is unclear where the profitable direction is.? The trade is most likely a long stock buy on a ratio with short call spreads and short puts.? If DHR stays in the range it should work out well.
- IV 30 is trading for 20%.
- HV10 is trading for 20%.
- IV 30 is trading at the HV 10.
Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. Its research and development, manufacturing, sales, distribution, service and administrative facilities are located in more than 50 countries.
Time spreads trade in CMRX- possible short time spread
Shares of Chimerix Inc. (CMRX) are down 2.07 to 38.03 today. ?CMRX is near the top of the 52 week range.
Paper traded 500 CMRX Mar/May 40 time spreads at 1.50.?
- The ADV is 303 contracts. ?
- The OI is over 834 and 977 contracts per strike.
The volume went up in 4 blocks.? Initial volume went up of 3000 contracts and for now 2450 contracts got removed off of the tape.? There is some substantial OI and this could be a successful closing time spread since CHRX has orbited the 38 strike for 6 weeks.? It is possible this is a buy write roll so check the OI tomorrow.
- IV 30 is trading for 70%.
- HV10 is trading for 43%.
- IV 30 is trading over the HV 10.
Chimerix, Inc. is a biopharmaceutical company committed to the discovery, development and commercialization of novel, oral antiviral therapeutics that are designed to transform patient care in areas of high unmet medical need. Its lipid technology has given rise to two clinical-stage compounds, CMX001 and CMX157, which have demonstrated the potential for enhanced antiviral activity and safety in convenient, orally administered dosing regimens.