3550 ATW Dec 15 puts went up in many blocks on the ISE. ?
Shares of Atwood Oceanics Inc. (ATW) are down .19 to 16.10 today.? ATW is near the bottom of the 52 week range.
- Paper traded over 3550 ATW Dec 15 puts for .75-.86. ??
- The ADV is 586 contracts.? ?
- The open interest is 1220 contracts.
The volume went up in many blocks on the ISE. ?The trader or traders is aggressively offering the puts and hitting the bid or selling just off the bid today.? The short put seems opening and for now the puts are .80 bid with the IV down on an up day for market volatility as a whole.? The trade could be a div capture where a sub 15 close would also net a .25 dividend at the end of December.
- IV 30 is trading for 65%.?
- HV10 is trading for 95%.?
- IV 30 is below the HV 10.
Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The Company has a fleet of approximately 13 mobile offshore drilling units located around the world.