10500/7500 AAPL Jan 2017 115 calls traded over 80 puts for 4.60 and 5.10.?

AAPL

Shares of Apple Inc. (AAPL) are up 2.61 to 96.61 today. ?AAPL is in the middle of the 52 week range.

  • Paper traded 10500/7500 AAPL Jan 2017 115 calls over 80 puts for 4.60 and 5.10.?
  • The ADV is 632k contracts.?
  • The OI 33k over 24k contracts.

The volume went up in 2 blocks on the PHLX marked sold last. ?The trade could be closing a collar from a higher level as AAPL bounce back to from the lower end of the range.? As priced it is most likely opening for a low debit ratio risk reversal.? The trader is trying to get long for small dollar/big margin if an opening trade.

  • IV 30 is trading 25%.?
  • HV10 is trading for 31%.?
  • IV 30 is trading below the HV 10.

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and sells a variety of related software, services, peripherals, networking solutions and third-party digital content and applications.