11476/28696 KMX Apr21 60/62.5 call spreads went up in 2 blocks on the PHLX
Shares of CarMax, Inc. are down 2.78 to 56.44 today.? KMX is near the middle of the 52 week range.
- Paper traded 11476/28696 KMX Apr21 60/62.5 call spreads for .10. ??
- The ADV is 4304 contracts.? ?
- The open interest 6002 and 41120 contracts.
The volume went up in 2 blocks on the PHLX marked spread.? It appears the trader is dumping a long 62.5 call position and buying the 60?s.? The 62.5s are trading through the bid so it is more likely the customer was selling to close.? Either way they want to keep the position through expiration.
- IV 30 is trading for 48%.?
- HV10 is trading for 20%.?
- IV 30 is above the HV 10.
CarMax, Inc. (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF).