412 FIG Sep 5 calls went up in 1 block on the CBOE.? Over 3000 contracts traded as traders want get long using option leverage.

FIG

Shares of Fortress Investment Group (FIG) are up .16 to 5.53. FIG is near the middle of the 52 week high.

  • Paper traded 412 FIG Sep 5 calls for .65.?
  • The ADV is 520 contracts.?
  • The OI is less than 3010 contracts.

The volume went up in 1 block on the CBOE.? Over 3000 contracts traded on the strike in what looks like call buyers adding to the OI for just .12 over parity.? Most likely the traders want get long using the option leverage.

  • IV 30 is trading 35%
  • HV10 is trading for 28%.?
  • IV 30 is trading below the HV 10.

Fortress Investment Group LLC (Fortress) is an investment management firm with approximately $70.5 billion in assets under management (AUM).