The Options Insider

Huge SE Call Buy

by | Jun 16, 2015 | Unusual Activity

25000 SE Sep 35 calls went up 1 one block on ARCA marked spread. ??

Calls trade in SE- huge call buy

SE

Shares of Spectra Energy Corp. (SE) are .05 are down .06 to 32.89 today. ?SE is near the lower end of the 52 week range.

  • Paper traded 25000 SE Sep 35 calls for .55.
  • The ADV is 4037 contracts.
  • The OI is 201 contracts.

The volume went up 1 one block on ARCA marked spread. ??650k shares went up for 32.80 with concurrent with the calls.? The trade is delta neutral block where the customer paid up for the calls but got a good sale for the stock.? The trade as priced looks like a delta neutral backspread.

  • IV 30 is trading for 20%.
  • HV10 is trading for 11%.
  • IV 30 is trading above the HV 10.

Spectra Energy Corp is a natural gas infrastructure company. The Company owns and operates natural gas-related energy assets and a crude oil pipeline system connecting Canadian and the United States producers to refineries in the United States Rocky Mountain and Midwest regions.

 

Puts trade in SWFT- big put block????????????????????????????????????

SWFT

Shares of Swift Transportation Co. (SWFT) are down .33 to 23.45 today. ?SWFT is near the middle of the 52 week range.

  • Paper traded 11050 SWFT Nov 23 for 11050.
  • The ADV is 1467 contracts.
  • The OI is 15316 contracts.

The volume went up in 1 block on the AMEX marked spread. ??453050 shares of SWFT went up for 23.53 so this looks like a delta neutral trade.? As printed this looks like a put and stock buy where the trader is looking for a big move out to Nov.

  • IV 30 is trading 29%.
  • HV10 is trading for 28%.
  • IV 30 is trading above the HV 10.

Swift Transportation Company (Swift Transportation Co.) is the holding company for Swift Transportation Co., LLC. Swift Transportation Co., LLC and its subsidiaries is a truckload carrier. The Company operates in four segments: Truckload, Dedicated, Central Refrigerated and Intermodal.

 

Calls trade in XME- put sellers in a big block

XME

Shares of SPDR S&P Metals and Mining (XME) are flat today at 26.21.? ?XME is near the bottom of the 52 week range.

  • Paper traded 6000 XME Jul 26 puts at .69.
  • The ADV is 5019 contracts. ?
  • The OI is 148 contracts.

The volume went up in 1 block on the PHLX marked buywrite.? Stock of 282000 shares went up with the pricing right in the middle of the market.? This trade is synthetic short straddle where the customer is selling puts and stock not expecting a run in the market.

  • IV 30 is trading for 24%.
  • HV10 is trading for 20%.
  • IV 30 is above the HV 10.

SPDR S&P Metals & Mining ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Metals & Mining Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the metals and mining sub-industry portion of the S&P Total Market Index. The Fund invests in industries, such as steel, coal and consumable fuels, gold, precious metals and minerals, aluminum, and diversified metals and mining. The Fund?s investment advisor is SSgA Funds Management, Inc.