20,000 DAL Dec 40 calls traded for 0.90. The calls marked spread but there was no other contracts of like size except the Dec 50 calls which looked like a closing transaction.
Puts roll in AVP- Looks like a protective put roller
Shares of Avon Products, Inc. (AVP) are up .01 to 12.60.? The stock is near the lower end of the 52 week range.
Today paper traded the AVP Oct 11/Jan 9 put spread for .15 21000x. ?
- The ADV is 5693 contracts.
- The OI is 29480 in Oct and 15k in Jan.
Volume went up in two giant blocks. The customer is rolling out a protective put most likely.? The Oct 11 puts are near dead so they are trying to close for what premium they can.? Jan 11 puts have been going up with stock as investors put up a puts and stock trade.
- 30-day implied volatility is 34%.??
- 10-day implied volatility is 20%.?
- 30 day implied volatility is trading above the 10 realized volatility.
Avon Products, Inc. (Avon) is a manufacturer and marketer of beauty and related products. The Company?s product categories are Beauty and Fashion & Home.
Calls trade in NQ- possible call closing here
Shares of NQ Mobile (NQ) are down .04 to 6.93. NQ is in the middle of the 52 week range.
Today paper traded 12400 NQ Jan 5 calls at 2.77.?
- The ADV is 24317 contracts.
- The OI is 42k+.
Volume went up in one block.? The trade is looking like a sell to close to take advantage of the recent pop in the stock price.? From the OI there is still substantial calls to go so the trader is taking some money off the table.
- 30-day implied volatility is 101%. ?
- 10-day implied volatility is 88%.
- 30 day implied volatility is trading above the 10 realized volatility
NQ Mobile Inc. (NQ), formerly NetQin Mobile Inc., incorporated on March 14, 2007, is a holding company. The Company is a global provider of mobile Internet services focusing on security, privacy and productivity.
Calls trade in DAL- lots of closing action
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Delta Airlines, Inc. (DAL) shares are up .10 to 36.10 today.? DAL is in the middle of the 52 week range.
Today paper traded 20000 DAL Dec 40 calls for .90.?
- The ADV is 38k contracts.
- The OI is 10232 contracts.
Volume went up in one large block.? The calls marked spread but there was no other contracts of like size except the Dec 50 calls which looked like a closing transaction.? The Dec 40 calls looked like more buying on the strike with IV lifting in most months.? Most call offers are higher now.
- 30-day implied volatility is 40%.
- 10-day implied volatility is 20%.
- 30 day implied volatility is trading above the 10 day realized volatility
Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world.