5000 CS Sep 15 calls went up in 1 large block on the ISE.?

unusual options trading activity alert CS

Shares of Credit Suisse Group AG (CS) are up .39 to 12.93 today. CS is at the low end of the 52 week range.

  • Paper traded 5000 CS Sep 15 calls for .35.?
  • The ADV is 5580 per day.?
  • The OI is 8711 contracts.

The volume went up in 1 large block on the ISE.? Another block of 4990 traded on the PHLX which would push the volume to over the OI.? Call buyers seem to bet on a turnaround at CS in the Sep time frame.

  • IV 30 is trading 47%.?
  • HV10 is trading for 40%.?
  • IV 30 is trading above the HV 10.

Credit Suisse Group AG (Credit Suisse) is a global financial services company.