3750/7500 DD Jul 70/72.5 call spreads went up in 2 blocks on the AMEX
Shares of the EI Dupont (DD) are up .36 to 69.14 today.? ?DD is near the higher end of the 52 week range.
- Paper traded 3750/7500 DD Jul 70/72.5 calls spread for 1.38 over .63.?
- The ADV is 3593 per day.?
- The OI is 7622 and 1903 per strike respectively.
The volume went up in 2 blocks on the AMEX marked spread.? This 1 x 2 ratio spread prices as buy 2 and sell 1.? The large OI on the Jul 70 could be a roll up to the 72.5s for double the size.? The net credit on the spread is .12.? Either way the trader is looking for size upside in DD with a house money roll as a possibility.
- IV 30 is trading 20%.?
- HV10 is trading for 26%.
- ?IV 30 is trading below the HV 10.
I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company consists of over 10 businesses aggregated into six segments: Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection.