11000 P Jan19 2018 12 calls and 10 puts went up in 2 blocks on the PHLX marked spread.? ?
Shares of Pandora Media Inc. (P) are down .27 to 10.13 today. ?P is in the middle of the 52 week range.
- Paper traded 11000 P Jan19 2018 12 calls and 10 puts for .99.?
- The ADV is 20k contracts.?
- The OI is 78k on the calls and 58k on the puts.
The volume went up in 2 blocks on the PHLX marked spread.? ?In mid-March traders bought the 12/15 call spreads in Jan 2018 and sold the 10 puts for a slight credit.? With P not really performing, they are paying .99 to close.? It does appear to be closing a losing position based on the past pricing.
- IV 30 is trading 63% ?
- HV10 is trading for 23%.?
- IV 30 is trading above the HV 10.
Pandora Media, Inc. (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage.