The Options Insider

Calls Trade in STWD

by | Sep 9, 2016 | Unusual Activity

300 STWD Dec 22.5 calls went up in one block on the BATS

STWD

Shares of Starwoood Property Trust, Inc. (STWD) are down .66 to 22.37 today.? STWD is in the upper end of the 52 week range.

  • Paper traded 300 STWD Dec 22.5 calls at .45.
  • ?ADV is 531 per day.?
  • The OI is 1280 contracts.

The volume went up in one block on the BATS. ?Over 5000 calls traded which to post offers and then get them lifted through the system.? Most trade in small and midsize blocks on all floors.? This could be a div capture play where the trader sells the ATM looking to skate on an early dividend Sep 28th.? Grabbing the dividend and the call yield would be around 5% with STWD trading 22.50 to Dec.

  • IV 30 is trading 15.40%.?
  • HV10 is trading for 12%.?
  • IV 30 is trading above the HV 10.

Starwood Property Trust, Inc. is a real estate investment trust.