450/400/225 GOOG Jan 2016 600/675 calls over 470 puts went up in 3 blocks on the ISE marked combo.?
Calls trade in TAP ? call sellers jump in
Shares of Molson Coors Brewing Corp (TAP) are up 1.17 to 74.69 today. ?TAP is near the upper end of the 52 Week range.
- Paper traded 4796 TAP Jul 80 calls for 2.40 today.
- The ADV is 6231 contracts.
- The OI is 18134 contracts.
The volume went up in 1 block on the CBOE.? These calls could be a close on the pre-opening moves higher.? There is still 10k plus contracts so the trader is probably looking for more upside on the balance.
- IV 30 is trading for 33%.
- HV10 is trading for 10%.
- IV 30 is trading above the HV 10.
Molson Coors Brewing Company (MCBC) is a holding company. MCBC is a brewer and has a diverse portfolio of owned and partner brands, including signature brands Coors Light, Molson Canadian, Carling and Staropramen, as well as craft and specialty beers, such as Blue Moon, Creemore Springs, Cobra, Doom Bar and Thunderbolt.
Calls go up in MS- long term back spreader with calls
Shares of Morgan Stanley (MS) are up .50 to 37.56 today. ??MS is near the upper end of the 52 week range.
- Paper traded 7500 MS Jan 40 calls for 1.61.
- The ADV is 21000 contracts.
- The OI is 11514 contracts.
The volume went up in 1 block marked spread. ??There is high OI and it is possible the trader is unwinding the position.? 250000 shares of stock went up so the unwind would be pre-mature.? The trade is more likely an opening stock replacement or delta neutral backspread looking for more movement.
- IV 30 is trading for 19%.
- HV10 is trading for 13%.
- IV 30 is trading above the HV 10.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals.
Calls and puts trade in GOOG- ratio combos go up long term
Shares of Google Inc. (GOOG) are up 7.77 to 531.77 today. GOOG is in the middle of the 52 week range.
- Paper traded 450/400/225 GOOG Jan 2016 600/675 calls over 470 puts for 14.08/3.30/15.86.
- The ADV is 29834 contracts. ?
- The OI is 591/13/54 contracts.
The volume went up in 3 blocks on the ISE marked combo.? This trade is designed to gain from a move above 600 with little cost to the holder.? The risk is in the short 470 put which is a level GOOG has not seen for quite some time.? Very leveraged upside play.
- IV 30 is trading for 19%.
- HV10 is trading for 26%.
- IV 30 is below the HV 10.
Google Inc. (Google) is a global technology company.



