10000 ETP Jan2019 18? 45/55 call spreads went up in 2 blocks on the PHLX. ?

ETP

Shares of the Energy Transfer Partners (ETP) are up .06? to 36.56.? ETP is near the top of the 52 week range.

  • Paper 10000 ETP Jan2019 18? 45/55 call spreads for 1.10. ?
  • The ADV is 5360 contracts.?
  • The OI is 15891 and 15895 contracts.

The volume went up in 2 blocks on the PHLX. ?There is very high OI on both strikes so the trader is with buying close the spread, which is possible, or buying to open and looking for a big jump in the ETP?s price going out to 2019.? The early spread close looks unlikely.

  • IV 30 is trading for 24%.
  • ?HV10 is trading for 19%.?
  • IV 30 is trading above the HV 10.

Energy Transfer Partners, L.P. (ETP) is engaged in the gathering and processing, compression, treating and transportation of natural gas, focusing on providing midstream services in various natural gas producing regions in the United States, including the Eagle Ford, Haynesville, Barnett, Fayetteville, Marcellus, Utica, Bone Spring and Avalon shales.