5900/4000 WY Jul 32/33 call spreads went up in 1 block on the ARCA marked spread.?

WY

Shares of Weyerhauser Co (WY) are up .61 to 32.03 today. ?WY is near the upper end of the 52 week range.

  • Paper traded 5900/4000 WY Jul 32/33 call spreads for 1.70 over 1.25
  • The ADV is 3153 contracts.?
  • The OI is 1270 and 1800 contracts.

The volume went up in 1 block on the ARCA marked spread.? Both option prices went up on the offer.? This trade is either a call stupid buying both options or a spread buying the 32 call.? Wither way the trade is bullish but an opening call spread paying .45 to make .55 makes little sense.

  • IV 30 is trading 21%
  • HV10 is trading for 29%.?
  • IV 30 is trading below the HV 10.

Weyerhaeuser Company is a real estate investment trust (REIT).