20000/50000 XLF Jan2017 22/Feb 24 call spreads went up in 2 large blocks on the ISE
Shares the Financial Select SPDR (XLF) are up .36 to 22.03 today.? XLF is near the upper end of the 52 week range.
- Paper traded 20000/50000 XLF Jan2017 22/Feb 24 call spreads for .57 and .22. ?
- ADV is 126K contracts.?
- The OI is 152k and 22k on each strike.
The volume went up in 2 large blocks on the ISE marked spread.? The trade looks like a close on the Jan?s with the trader doubling up and buying more Feb 24s on a homerun roll up.? The trade as posted looks bullish.
- IV 30 is trading 23%.?
- HV10 is trading for 28%.?
- IV 30 is below the HV 10.
Financial Select SPDR Fund (XLF) seeks to closely match the returns and characteristics of the S&P Financial Select Sector Index (the Index).