Paper traded 12106 GILD Jul 24 Weekly 110 put and Jul 24 Weekly 123 calls with 6023 GILD Jul 24 Weekly 115 puts and 120 calls for a net price of .72. ?

Calls and puts trade in GILD ? ratio spreads in both directions

GILD

Shares of Gilead Sciences, Inc. (GILD) are up 1.31 to 118.99 today. GILD is making a 52 week high.

  • Paper traded 12106 GILD Jul 24 Weekly 110 put and Jul 24 Weekly 123 calls with 6023 GILD Jul 24 Weekly 115 puts and 120 calls for a net price of .72. ?
  • The ADV is 68k contracts.
  • The OI is less than 1000 contracts on all 4 strikes.

The volume went up in 4 blocks marked spread on the AMEX.? This trade as posted is a combination of ratio spreads where the trader buys the near the money strikes and sell the OTM strikes and collects a credit.??? That would make the most sense on how the trade went up so they could collect a credit on the package and create a wide range to profit.

  • IV 30 is trading for 21%.
  • HV10 is trading for 15%.
  • IV 30 is trading above the HV 10.

Gilead Sciences, Inc. (Gilead) is a research-based biopharmaceutical company that discovers, develops and commercializes innovative medicines in areas of unmet medical need.

 

Calls trade in CSX- call buyers drive up the volatility????????

csx

Shares of CSX Corp (CSX) are up 1.17 to 35.14 today. ?CSX is trading near the upper end of the 52 week range.

  • Paper traded 702 CSX Jul 35 calls for 1.15.
  • The ADV is 25k contracts.
  • The OI is 2504 contracts.

The volume went up in one block on the CBOE. ??Call buyer are out in most terms as the IV gets a big lift today.? This could be closing paper but CSX is making a large move this morning on takeover rumors.? IV30 is up 5 points.

  • IV 30 is trading 31%.
  • HV10 is trading for 14%.
  • IV 30 is trading above the HV 10.

CSX Corporation (CSX), together with its subsidiaries, is a transportation company. The Company provides rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers.

Calls trade in DB- call block marked spread

DB

Shares of Deutsche Bank AG (DB) are up .01 to 32.18 today. ?DB is near the middle of the 52 week range.

  • Paper traded 3000 DB Jul 33 calls for .75.
  • The ADV is 5384 contracts.
  • The OI is 1842 contracts.

The volume went up in 1 block marked spread on ARCA.? This mark is curious since there is no counter to the call buy to create a spread.? A block of 120000 shares traded 32.25 through the offer so the client might be creating a ratio front spread.? In that case they are looking for DB to stay range-bound.

  • IV 30 is trading for 27%.
  • HV10 is trading for 43%.
  • IV 30 is below the HV 10.

Deutsche Bank AG is a global investment bank, which offers a range of products and services in investment, corporate and retail banking, as well as in asset and wealth management. The Group operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU).