5539 NE Oct 7 calls went up in one block on the ISE.?

NE

Shares of Noble Corp (NE) are up .05 to 6.35 today. NE is near the bottom of the week range.

  • Paper traded 5539 NE Oct 7 calls for .17.?
  • The ADV is 6462 contracts.?
  • The OI is less than 21160 contracts.

The volume went up in one block on the ISE.? More than 13k of the Oct 7 traded which could be short covering.? The option prices are slightly higher now and generally short covering is bullish for options.

  • IV 30 is trading for 68%.?
  • HV10 is trading for 81%.?
  • IV 30 is below the HV 10.

Noble Corporation plc is an offshore drilling contractor for the oil and gas industry. The Company’s segment is contract drilling services.