5443 APR 145 Calls went up in 1 large block.? Open interest is large on this strike with paper paying through the offer for these calls.?
Call roller looking for yield in ZQK- rolling calls
Shares of QuikSilver, Inc. (ZQK) are up .04 to 1.99.? ZQK is near the bottom of the 52 week range.
Paper traded 15000 ZQK Jan/Feb 2 call spread for .17.
- The ADV is 2009 contracts.
- The OI is 20000 and 4900 contracts.
The volume went up in 2 blocks.? This trade looks like a straight roll for yield in ZQK.? The trader is looking for .17 on a 1.94 stock which is a decent return after commissions.?
- IV 30 is trading for 98%.
- HV10 is trading for 59%.
- IV 30 is trading above the HV 10.
Quiksilver, Inc. is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding. It markets products across three core brands: Quiksilver, Roxy and DC, as well as several smaller brands.
Massive call roll in MNKD- looks to be going ITM
Shares of MannKind Corp (MNKD) are even today at 5.29. ??MNKD is near the middle of the 52 week range.
Paper traded 31240/33102 MNKD Jan 5Feb 4.5 call spreads for .54. ?
- The ADV is 13844 contracts.
- The OI is 39567 and 19792 contracts.
The volume went up in 2 huge blocks.? The Jan side traded for parity with the Feb 4.5 side trading for just over parity.? Rolling at these levels usually means the customer is closing the Jan long and rolling into a more ITM Feb.? The trade looks like a long delta here.
- IV 30 is trading for 75%.
- HV10 is trading for 54%.
- IV 30 is trading above the HV 10.
MannKind Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for patients with diseases such as diabetes. The Company?s product candidate is AFREZZA which is an ultra-rapid acting insulin that is intended to improve glycemic control in adults with type 1 or type 2 diabetes.
More GLD call buyers- possible close but now likely
Shares of SPDR Gold Trust (GLD) are up 1.91 to 122.82 today. ??GLD is trading in the middle of the 52 week range.
Paper traded 5443 APR 145 Calls for .60.?
- The ADV is 113k contracts. ?
- The OI is over 22226 contracts.
The volume went up in 1 large block.? Open interest is large on this strike with paper paying through the offer for these calls.? Trader paid through the offer for several blocks of calls today.? Check the OI if this is additive for Monday but it looks like more of the same getting in.? This is very Gold Bug like.
- IV 30 is trading for 21%.
- HV10 is trading for 15%.
- IV 30 is trading over the HV 10.
SPDR Gold Trust (the Trust) is an investment trust. The Trust holds gold and issues shares (Shares) (in minimum blocks of 100,000 Shares, also referred to as Baskets) in exchange for deposits of gold and distributes gold in connection with redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion.