4750 HZNP Jun 30/Jul 32 call spreads went up in 2 blocks & is most likely a roll up from the Jun 30 (sell to close) calls to the Jul 32 (buy to open) calls.
HZNP calls ? call spreads and stock trade
Shares of Horizon Pharma PLC (HZNP) are up .23 to 31.69 today.? ?HZNP is near the top of the 52 week range.
- Paper traded 4750 HZNP Jun 30/Jul 32 call spreads for .10.
- The ADV is 5962 contracts.
- The OI is 8495 and 576 contracts.
The volume went up in 2 blocks on ARCA marked spread. ??This trade most likely is a roll up from the Jun 30 (sell to close) calls to the Jul 32 (buy to open) calls.? The trader is looking to keep a long but using just a .10 in debit so they are keeping the risk low.?
- IV 30 is trading for 43%.
- HV10 is trading for 30%.
- IV 30 is trading above the HV 10.
Horizon Pharma plc, formerly Vidara Therapeutics International Public Limited Company, is a specialty biopharmaceutical company focused on identifying, developing, acquiring or in-licensing and commercializing differentiated products that address unmet medical needs. The Company markets a portfolio of products in arthritis, inflammation and orphan diseases.
Calls trade in EXC- possible buy write ?????????????????????????????
Shares of Exelon Corp. (EXC) are up 1.01 to 34.13. EXC is near the middle of the 52 week range.
- Paper traded 8000 EXC Jun 34 calls for .53.
- The ADV is 5083 contracts.
- The OI is 17669 contracts.
The volume went up in 1 block on the AMEX with a Price Variation tag. ??400000 shares of EXC went up for 34.20 which was through the posted offer at the time.? The trade as posted is a closing of a backspread or an opening ratio buy write.? The ratio buywrite makes more sense here since EXC is not much of a mover.? Total volume on the strike is 13k+ contracts with the IV down 2 points in Jun.
- IV 30 is trading 20%.
- HV10 is trading for 8%.
- IV 30 is trading above the HV 10.
Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLC’s (Generation) six marketing segments, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE).
Calls trade in KORS- giant call spreads going up
Shares of Michael Kors Holdings Ltd. (KORS) are up .19 to 48.76 today. ?KORS is near the bottom of the 52 week range.
- Paper traded 15700 KORS Nov 50/60 call spreads for 3.00.
- The ADV is 17500 contracts. ?
- The OI is 3465 and 1102 contracts.
The volume went up in two blocks on ARCA.? 250 extra spreads went up with the 60 calls trading below the prevailing bid.? It is likely the customer bought the call spreads looking for a bounce in KORS.? No stock posted at the time of this trade so it is bullish in nature.
- IV 30 is trading for 26%.
- HV10 is trading for 143%.
- IV 30 is below the HV 10.
Michael Kors Holdings Limited is a global luxury lifestyle brand company. The Company operates its business in three segments namely Retail, Wholesale and Licensing.