There was a possible roll down in AA today with 2 large blocks of call spreads trading for 0.40.
Calls trade in AA- possible roll down
Shares of Alcoa Inc. (AA) are down .25 to 14.23 today.? AA is near the middle of the 52 week range.
Today paper traded 10000 AA Nov 15/17 call spreads for .40.?
- The ADV is 39168 contracts.
- The OI is 2465 and 11650 contracts.
Volume went up in 2 large blocks.? The trade went up marked spread with half of the volume going up through the offer on the Nov 15 side.? The OI on the Nov 17 strike looks sell to close with the customer rolling down to the 15s.? AA needs to make a big move back soon for this to work out.
- 30-day implied volatility is 44%. ?
- 10-day implied volatility is 38%.
- 30 day implied volatility is trading at the 10 day realized volatility
Alcoa Inc. (Alcoa) is engaged in lightweight metals, products and solutions. The Company offers its technology and expertise in automotive and aerospace transportation, building and construction, consumer electronics and packaging, defense applications across air, land and sea, and the oil and gas industry.
Calls trade in ANR- possible call buyer here
Alpha Natural Resources (ANR) is even to 1.64 today.? ANR is near the bottom of the 52 week range.
Today paper traded 10000 ANR Nov 1.5 calls for .37.?
- The ADV is 7912contracts.
- The OI is 520 contracts.
Volume went up in 1 block.? The trade on the strike is over 14500 contracts with paper paying as high as .44 for the calls.? Some volume went unfilled and was eventually sold on the bid to fill.? Paper on balance is buying up calls in this strike prior to earnings on the 30th.
- 30-day implied volatility is 146%. ?
- 10-day implied volatility is 135%.
- 30 day implied volatility is trading above the 10 day realized volatility.
Alpha Natural Resources, Inc. (Alpha) is a supplier and exporter of metallurgical coals for use in the steel-making process and a supplier of thermal coal to electric utilities and manufacturing industries, as well as an exporter of thermal coal.
Puts trade in NRG- possible puts and stock go up
Shares of NRG Energy Inc. (NRG) are up .03 to 29.16.? NRG is at the low end of the 52 week range.
Today paper traded 2000 NRG Jan 2016 25 puts for 2.65.
- The ADV is 3269 contracts.
- The OI is 28098 contracts.
Volume went up in 2 blocks, one big and one small.? The volume went up marked spread with no contra side to the trade.? A 58000 share block of stock did go up near the same time marked derivative.? Most likely this was a put and stock backspread adding to an existing position.? The trader is in it for the long hall.
- 30-day implied volatility is 32%. ?
- 10-day implied volatility is 30%.
- 30 day implied volatility is trading above the 10 day realized volatility
NRG Energy, Inc. (NRG) is an integrated wholesale power generation and retail electricity company in the United States. NRG is a wholesale power generator engaged in the ownership and operation of power generation facilities; the trading of energy, capacity and related products; and the transacting in and trading of fuel and transportation services.