5940 KBW Mar2017 34 calls went up in 1 block on the PHLX marked spread.?
Shares of SPDR KBW Bank (KBE) are down .15 to 33.23 today. KBE is near the middle 52 week range.
- Paper 5940 KBE Mar2017 34 calls for 1.50.?
- The ADV is 2296.?
- The OI is 3 contracts.
The volume went up in 1 block on the PHLX marked spread.? 3960 calls traded concurrently for 1.45 so the trade is most likely a call buy on splits.? Without any stock going up the trader is looking for a longer term jump in KBE.
- IV 30 is trading for 21%.?
- HV10 is trading for 17%.?
- IV 30 is above the HV 10.
SPDR KBW Bank ETF, formerly The SPDR S&P Bank ETF (the Fund), seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.