9000 HIG Aug 49 calls over Sep 50 calls went up in 2 blocks on the PHLX

Calls trade in HIG- giant call roll goes up

HIG

Shares of Hartford Financial Services Group, Inc (HIG) are down .35 to 49.03 today. ?HIG is near the top of the 52 week range.

  • Paper traded 9000 HIG Aug 49 calls over Sep 50 calls for .73 and 1.48.
  • The ADV is 5491 contracts.
  • The OI is 26k and 9482 contracts.

The volume went up in 2 blocks on the PHLX marked spread.? This trade as priced looks sell to close on the Aug calls and buy to open on the Sep calls.? Most likely the trader is still bullish but is looking for more time.

  • IV 30 is trading 34%.
  • HV10 is trading for 19%.
  • IV 30 is trading above the HV 10.

The Hartford Financial Services Group, Inc. (The Hartford) is an insurance and financial services holding company.