2401 FL Mar17 72.5 calls went up in 1 block on the ISE

FL

Shares of Foot Locker Group (FL) are up 1.18 today. FL is near the middle of the 52 week range.

  • Paper traded 2401 FL Mar17 72.5 calls at 2.30.?
  • The ADV is 2074 contracts.?
  • The OI is 147 contracts.

The volume went up in 1 block on the ISE. Calls traded down to 2.25 where buyers stepped in and scooped them up. Volume was over 3000 contracts looking open so this is most likely a buy writer against stock or a new short position.

  • IV 30 is trading for 29%.?
  • HV10 is trading for 17%.?
  • IV 30 is above the HV 10.

Foot Locker, Inc. is a retailer of shoes and apparel.