8000 ABX Jan20 15 puts went up in block on the PHLX marked buy write.?
Shares of Barrick Gold Corp (ABX) are down .16 to 15.23 today. ABX is near the middle of the 52 Week range.
- Paper traded 8000 ABX Jan20 15 puts for .99.?
- ?ADV is 46576.?
- The OI is 39344 contracts.
The volume went up in block on the PHLX marked buy write.? Stock of 368000 shares went up for 15.17 in what looks like a delta neutral buy write.? The trader is looking at the lower IV and buying leverage around the strike for a move in ABX.
- IV 30 is trading for 46%.?
- HV10 is trading for 64%.?
- IV 30 is below the HV 10.
Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests.