Shares of Health Care SPDR (XLV) are down 1.81 to 70.39 today. XLV is in the middle of the 52 week range.
- Paper traded 511 XLV Nov 73 calls at .56.
- The ADV is 15967.
- The OI is 21029 contracts.
The volume went up on the ISE through auto ex. This trade is part of 26000+ calls that traded on the strike where it looks like most of the volume hit the bid on the way down for XLV. This could be an option overwriter buying stock as well since they traded on all floors. The net volume is more than the OI so this could be some closing of a long call on the XLV meltdown but some paper is definitely new.
- IV 30 is trading for 16.55%.
- HV10 is trading for 12.54%.
- IV 30 is above the HV 10.
Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index).