400 SQ Dec 13 calls went up in one block on the CBOE

SQ

Shares of Square Inc. (SQ) are up .60 to 12.42 today. SQ is in the middle of the 52 week range.

  • Paper traded 400 SQ Dec 13 calls for .85.?
  • The ADV is 4846 per day.?
  • The OI is 6720 contracts.

The volume went up in one block on the CBOE. ?IV is down as paper paid .80-.85 lifting the offer on over 10k contracts total.? There seems to be a steady seller at .85 but there is a bid for the calls.? Looks like a case of a call writer selling into demand.

  • IV 30 is trading 36%.?
  • HV10 is trading for 30%.?
  • IV 30 is trading above the HV 10.

Square, Inc. enables payment processing, and also offers financial and marketing services. The Company provides sellers various tools to start, run, manage and grow their businesses. It serves sellers of all sizes, ranging from a single vendor at a farmers’ market to multinational businesses. It serves as a payment service provider, acting as the touch point for the seller to the rest of the payment chain. Square Register is a point of sale (POS) software application for iPhone operating software (iOS) and Android, and is available to sellers across the world.