46000 P Jan 20/22 call spreads went up in 2 blocks on the ARCA marked spread
Shares of Pandora Media Inc. (P) are down .64 to 20.34 today. ?P is near the ?middle of the 52 week range.
- Paper traded 46000 P Jan 20/22 call spreads for .85. ?
- The ADV is 17k contracts.?
- The OI is 69k and 24k contracts.
The volume went up in 2 blocks on the ARCA marked spread.? This trade looks like a house money roll with the trading taking in dollars from the 20 calls and rolling up to the 22s.? If so, they think there is more to go for P.
- IV 30 is trading for 72%.?
- HV10 is trading for 41%.?
- IV 30 is trading above the HV 10.
Pandora Media, Inc. (Pandora) is a provider of Internet radio services. The Company offers personalized experience for each of its listeners wherever and whenever they want to listen to radio on a range of smartphones, tablets