20000/60000 FEZ May19 34 calls over Aug18 37 calls went up in several blocks on the AMEX marked spread.?
Shares of the SPDR Euro Stoxx 50 are up .10 to 34.19 today.? FEZ is near the top of the 52 week range.
- Paper traded 20000/60000 FEZ May19 34 calls over Aug18 37 calls for 1.65 and .58. ??
- The ADV is 7900 contracts.?
- The OI is 40k over 90k contracts.
The volume went up in several blocks on the AMEX marked spread.? UA activity covered this volume last week.? The pricing is tough for this since the spreads are midmarket however since last week?s price the Aug is up .085 3x and May is up .23 1x.? This should mean the spread volume today is additive.? It appeared last week that paper bought May and sold Aug looking for a short lift higher and eventual crush in IV.
- IV 30 is trading 16%
- HV10 is trading for 6%.?
- IV 30 is trading above the HV 10.
SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes.