10877 MPEL Oct 30 weekly 20 went up in 1 block on the PHLX.?
Shares of the Melco Crown Entertainment (MPEL) are up 1.02 to 18.26. ?MPEL is near the ?middle of the 52 week range.
- Paper traded 10877 MPEL Oct 30 weekly 20 calls at .45.
- ?The ADV is 4327 contracts.?
- The OI is 49 contracts.
The volume went up in 1 block on the PHLX.? This is marking buy write so the customer is selling calls against stock.? The volume that went up is less that 400k shares so this is a delta neutral buy write for now.? This investor is expecting less movement not more.
- IV 30 is trading for 60%.?
- HV10 is trading for 97%.?
- IV 30 is trading below the HV 10.
Melco Crown Entertainment Limited is a developer, owner and operator of casino gaming and entertainment resort facilities. The Company is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in two geographic areas: Macau and the Philippines.