9700 and 14500 GLD Apr 119 went up in 3 blocks on CBOE marked spread

GLD

Shares of the SPDR GLD Gold Trust (GLD) are up 1.75 to 120.18 today.? GLD is near the top of the 52 week range.

  • Paper traded 9700 and 14500 GLD Apr 119 calls at 1.59 and May 125/136 call spreads for 1.08.?
  • ADV is 210k contracts.
  • The OI on the Apr?s is 20769 and 63000/22508 on the May?s.

The trade went up in 3 blocks on CBOE marked spread.? The trade looked like a close on the Apr?s with a roll into the May contracts.? This is worth checking the OI tomorrow to see if the bullish upside bet can work.

  • IV30 is 18% and HV10 is 16%??
  • The Implied volatility trades at a ?premium to the realized volatility currently.

SPDR Gold Trust (the Trust) is an investment trust. The Trust’s business activity is investment in gold. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the expenses of the Trust’s operations.