10055/8044 DISH Dec 60 calls over Dec 55 puts went up in 2 blocks marked spread on the AMEX.?
Shares of Dish Network Corp (DISH) are down .35 to 58.45 today. ?DISH is near the lower end of the 52 week range.
- Paper traded 10055/8044 DISH Dec 60 calls over Dec 55 puts for 3.60 and 2.70. ??
- The ADV is 3407 contracts.? ?
- The open interest is 2695 and 3556 contracts.
The volume went up in 2 blocks marked spread on the AMEX.? There is a second part of the spread that had Oct 57.5 and Oct 60 puts closing.? The trade looks like the investor is getting long via the risk reversal and closing out a short put position in Oct.
- IV 30 is trading for 43%.?
- HV10 is trading for 35%.?
- IV 30 is above the HV 10.
DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.