21000/46000 DIS Jun16 115/120 call spreads went up in 2 blocks on the PHLX.?

DIS

Shares of Walt Disney Co (DIS) are up .93 to 111.59. DIS is making a 52 week high today.

  • Paper traded 21000/46000 DIS Jun16 115/120 call spreads for 3.15 over 1.68.?
  • The ADV is 51896 contracts.?
  • The OI is 55386 and 22361 contracts.

The volume went up in 2 blocks on the PHLX.? With the higher OI the Jun 115 calls look close and the 120 calls are buy to open.? This trader is probably doing a house money roll with DIS at the top of the range and looking for more upside.

  • IV 30 is trading 20%
  • HV10 is trading for 2811%.?
  • IV 30 is trading above the HV 10.

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media.