15000 HPQ Sep 16 calls went up on the PHLX by someone looking for blockbuster earnings or some sort of hedge against a short.?

HPQ

Shares of HP inc (HPQ) are down .03 to 14.55 today.? HPQ is near the middle of the 52 week range.

  • Paper traded 15000 HPQ Sep 16 calls for .10.?
  • The ADV is 7100 contracts.?
  • The OI is 185.

The volume went up in 1 block on the PHLX.? This trade an OTM call buy looking for blockbuster earnings or some sort of hedge against a short.? No stock up matched with the calls so it could be outright spec.? Total volume is 22k contracts on the strike.

  • IV 30 is trading for 34%.?
  • HV10 is trading for 13%.
  • IV 30 is trading below the HV 10.

HP Inc., formerly Hewlett-Packard Company, is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses and large enterprises.