8000 XLY Feb 12 Weekly 71/75 call spreads and 8000/16000 XLY Feb 12 Weekly 73.5/77 call ratio spreads went up in 4 blocks on the PHLX tagged opening. ?
Shares of the Consumer Discretionary SPDR (XLY) are down 73.23 today. XLY is near the lower end of the 52 week range.
- Paper traded 8000 XLY Feb 12 Weekly 71/75 call spreads and 8000/16000 XLY Feb 12 Weekly 73.5/77 call ratio spreads for 2.20 and .95.?
- The ADV is 12963 contracts.?
- The OI is 8000 on the first spread and less than 100 on the second.
The volume went up in 4 blocks on the PHLX tagged opening. ?The trade as priced has the 71/75 spread looking close with the ratio spread looking open.? This trader probably took profits and rolled to a ratio spread to catch a second rally from the bottom.? The trade looks bullish.
- IV 30 is trading 22%.?
- HV10 is trading for 26%.?
- IV 30 is trading below the HV 10.
Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index).