99999 GE Jan 2017 30/35 calls spreads went up in 2 massive blocks. This is a huge upside bet that GE will rally over the coming 2 years.?
Calls go up in GE- giant calls spreads
Shares of General Electric Company (GE) are up .25 to 26.14 today.? GE is near the top of the 52 week range.
Paper traded 99999 GE Jan 2017 30/35 calls spreads for .52 today.
- The ADV is 86k contracts.
- The open interest is under 12k contracts.
The volume went up in 2 massive blocks.? GE is on a rip lately with UA covering aggressive call buying this week.? This is a huge upside bet that GE will rally over the coming 2 years.? The trade could be a call stupid but with the jump in IV it is a call spread buy at minimum.
- IV 30 is trading for 14%.
- HV10 is trading for 10%.
- IV 30 is trading above the HV 10.
General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company serves customers in more than 100 countries.
Call traders digesting YUM- possible good close on a call spread
Shares of YUM Brands (YUM) are up 2.46 to 81.84 today.? YUM is near the upper of the 52 week range.
Paper traded 5994 YUM Mar 82.5/85 call spreads for .55.?
- The ADV is 8886 contracts.
- The OI is over 8000 contracts in each strike.
The volume went up in 2 blocks marked spread.? YUM is near the top of the range and this call spread trader looks like they are getting out and closing the spread on a rally today.? There is some similar volume on the Mar 77.5s and this could be another part of the trade but did not go up at the same time.? Mostly this looks like profit taking.
- IV 30 is trading for 22%.
- HV10 is trading for 10%.
- IV 30 is trading above the HV 10.
YUM! Brands, Inc. is a quick service restaurant company based on number of system units, with over 40,000 restaurants in more than 125 countries and territories.
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Straddle trade in ARCP- looking like an earnings straddle seller
Shares of the American Realty Capital Properties (ARCP) are up .66 to 9.88 today. ?ARCP is near the bottom of the 52 week range.
Paper traded 3796 ARCP Mar 6 Weekly calls and puts at 1.15. ?
- The ADV is 12987 contracts. ?
- The OI is less than 1845 and 4187 contracts.
The volume went up in two blocks marked straddle.? ARCP has sold off recently on bad news and has since recovered somewhat.? This trade is pricing that the bad news is out and earnings will cause only a small move.? The trader is selling the straddle.
- IV 30 is trading for 69%.
- HV10 is trading for 32%.
- IV 30 is trading over the HV 10.
American Realty Capital Properties, Inc., is a real estate investment trust (REIT). The Company is a self-managed and self-administered real estate company that acquires, owns and operates single-tenant, free-standing commercial real estate properties primarily subject to net leases with high credit quality tenants. The Company focuses on investing in properties that are net leased to credit tenants, which are generally large public companies with investment-grade ratings and other creditworthy tenants, and governmental, quasi-governmental and not-for-profit entities.