Shares of the S&P Depository Receipts (SPY) are up .25 to 158.03.? SPY is trading nearer the 52 week highs.
Today paper bought the SPY May03 Weekly 162 calls for .08 39404.?? Average volume is 2513013.? Open interest in this May Weekly is 68841 contracts.
The contract has traded over 64545 contracts as of this writing pushing up prices from .06 to .08 today.? The paper could be closing due to the high open interest.? It would be worth checking the OI tomorrow to see if this was a really aggressive long play.
30-day implied volatility is 11%.?? 10-day implied volatility is 19%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
SPDR S&P 500 ETF Trust (the Trust) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index.The S&P 500 Index is composed of 500 selected stocks and spans over 24 separate industry groups.
The Fund?s investment sectors include information technology, financials, energy, health care, consumer staples, industrials, consumer discretionary, materials, utilities and telecommunication services.
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