5891 GPRO Dec 10 puts went up in 1 block on the ARCA marked spread.?

GPRO

Shares of GoPro Inc. (GPRO) are down .93 to 11.02.? GPRO is near the top of the 52 week range.

  • Paper traded 5891 GPRO Dec 10 puts for .75. ?
  • ADV is 35k.?
  • The OI is over 2336 contracts.

The volume went up in 1 block on the ARCA marked spread.? The spread is most likely tied to a block of stock that went up though the offer.? Pricing would indicate a put and stock sale or a delta front spread where the trader thinks GPRO does not move too much.

  • IV 30 is trading for 79%.?
  • HV10 is trading for 59%.?
  • IV 30 is above the HV 10.

GoPro, Inc. produces mountable and wearable cameras (capture devices) and accessories.