2500 OCN Jan 2017 2.5/3/3.5/4 calls went up in 4 blocks on the AMEX marked price variation.?
Shares of Ocwen Financial Corp (OCN) is up .02 to 2.24 today.? OCN is near the bottom of the 52 week range.
- Paper traded 2500 OCN Jan 2017 2.5/3/3.5/4 calls for .50/.35/.25/.15.?
- The ADV is 2418 per day.?
- The OI is less than 1000 contracts on those strikes.
The volume went up in 4 blocks on the AMEX marked price variation.? The trades were marked price variation but no large block of stock was attached.? The pricing was a .05 off the bid for all the trades which would indicate call selling down the line.? Unless there is long stock against this, the trade is thinking dead money in OCN for the rest of the year.
- IV 30 is trading 89%.?
- HV10 is trading for 135%.?
- IV 30 is trading below the HV 10.
Ocwen Financial Corporation (Ocwen) is a financial services holding company. The Company, through its subsidiaries operates as a mortgage company. The Company operates in segments, including Servicing and Lending.