1500 JOY Nov 17/20 call spreads went up in 2 blocks on the AMEX marked spread

JOY

Shares of Joy Global Inc. (JOY) are up .79 to 16.97 today. JOY is near the low end of the 52 week range.

  • Paper traded 1500 JOY Nov 17/20 call spreads for .94. ?
  • The ADV is 5814 contracts.
  • The OI is 4598 and 56 contracts.

The volume went up in 2 blocks on the AMEX marked spread. ?Total volume is closer to 3000 and 7000 contracts as traders roll up to the 20 strike.? Traders are buying more upside on increasing IV.

  • IV 30 is trading 61%.?
  • HV10 is trading for 60%.?
  • IV 30 is trading below the HV 10.

Joy Global Inc. is a manufacturer and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores.