19200 CS Jun15 calls at .90 and 6600/9500 CS Jan19 2018 15/20 calls went up in 3 blocks on the ARCA.
Shares of Credit Suisse Group (CS) are down.14 to 14.60 today. ?CS is near the middle of the 52 week range.
- Paper traded 19200 CS Jun15 calls at .90 and 6600/9500 CS Jan19 2018 15/20 calls for 1.75 and .60.?
- The ADV is 5027 contracts.?
- The OI is 147 contracts.
The volume went up in 3 blocks on the ARCA. Jun calls were most likely a sell to close for CS and the ratio on the Jan19 15/20 call spread looks like a sale to close as well.? CS did rally lately and this call sale could be a double winner.
- IV 30 is trading for 34%.?
- HV10 is trading for 27%.?
- IV 30 is above the HV 10.
Credit Suisse Group AG is a financial services company. The Company’s segments include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center