The Options Insider

Early Put Sellers in FXE

by | Mar 6, 2015 | Unusual Activity

2000 FXE Mar 06 Weekly puts went up in one block hitting the bid.?

Put sellers in FXE- early put sellers

FXE

 

Shares of Currency Shares Euro Trust (FXE) are down 1.79 to 106.71.? FXE is making a 52 week low.

  • Paper traded 2000 FXE Mar 06 Weekly puts at .03.
  • The ADV is 17514 contracts.
  • The OI is 15 contracts.

The volume went up in one block hitting the bid..? FXE is making year lows and a trader took this opportunity to sell over 15000 of these puts at .03 knocking out the bid.? For now the puts are .00 bid so the trader, while risky, is paying off.

  • IV 30 is trading for 10%.
  • HV10 is trading for 8%.
  • IV 30 is trading above the HV 10.

CurrencyShares Euro Trust (FXE) is an ETF that tracks the price of the Euro versus the dollar.

 

Calls trade in YOKU ? more buy writes

YOKU

 

Shares of Youku Tudou Inc. (YOKU) are down .14 to 16.44 today.? YOKU is near the bottom of the 52 week range.

  • Paper traded 3500 YOKU Apr 24 Weekly 16.5 calls for .95.
  • The ADV is 4687 contracts.
  • The OI is 0 contracts.

The volume went up in 1 large block near the bid marked buy write.? YOKU is trading at the bottom of the range and stock went up against these calls on a ratio of 2 calls to 1 stock.? This trader has put on this ratio buy write previously with YOKU continuing to hover in a range to make the trade work.? This is a short synthetic straddle.

  • IV 30 is trading for 44%.
  • HV10 is trading for 14%.
  • IV 30 is above the HV 10.

Youku Tudou Inc. is an Internet television company in the People?s Republic of China. The Company?s Youku and Tudou platforms enable users to search, view and share video content across multiple devices.

 

Put buyers pile into OIL- size put buying

OIL

Shares of iPath S&P GSCI Crude Oil (OIL) are down .37 to 10.93. ??OIL is near the lower end of the 52 week range.

  • Paper traded 3468 OIL Jun 9 puts for .30.
  • The ADV is 6221 contracts. ?
  • The OI is 0 contracts.

The volume went up in 1 block taking the offer.? OIL is near the low end of the range and a stream of puts came in to hit the .30 bid.? The OIL puts are .30 bid going out so there was supply at this level to keep the IV from moving.? The trade does look initially bearish.

  • IV 30 is trading for 47%.
  • HV10 is trading for 41%.
  • IV 30 is above the HV 10.

iPath S&P GSCI Crude Oil Total Return Index ETN is a sub-index of the S&P GSCI Commodity Index. The S&P GSCI Crude Oil Total Return Index reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate (WTI) crude oil futures contract plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts.