4550 DLTR Aug 77.5 calls traded over Jun 80 calls on the ARCA marked spread
Shares of Dollar Tree Inc. (DTLR) are down .44 to 80.51 today. ?DLTR is near the upper end of the 52 week range.
- Paper traded 4550 DLTR Aug 77.5 calls over Jun 80 calls for 6.55 and 3.90. ??
- The ADV is 3901 contracts.? ?
- The open interest is 5095 in Aug and 9 in Jun.?
The volume went up on the ARCA marked spread. From the open interest the trader appears to close the Aug, one assumes for money and then rolls to the aggressive Jun 80 strike.? DLTR has bounced from $75 to $82 3x this year and the trader is betting on it happening again.
- IV 30 is trading for 25%.?
- HV10 is trading for 16%.?
- IV 30 is above the HV 10.
Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces.