99999 VZ Jan 2016 55/60 ?went up in 2 massive blocks on the PHLX.?
Calls trade in VZ- massive call spreads
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Shares of Verizon Communications Inc. (VZ) are up .18 to 49.08 today. ??VZ is near the top of the 52-week range.
- Paper traded 99999 VZ Jan 2016 55/60 for .35.
- The ADV is 45k contracts.
- The OI is 10737 and 3243 contracts.
The volume went up in 2 massive blocks on the PHLX.? The spread as priced looked buy and could be a size OTC trade moving to a listed exchange.? The customer is looking for a lot of upside from VZ.
- IV 30 is trading for 13%.
- HV10 is trading for 8 %.
- IV 30 is trading above the HV 10.
Verizon Communications Inc. (Verizon) is a holding company. Through its subsidiaries, Verizon is engaged in delivering broadband and other wireless and wireline communications services to consumer, business, Government and wholesale customers.
Calls trade in DOW- buy writes go up
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Shares of the Dow Chemical Co. (DOW) are up .08 to 49.74 today. ??DOW is near the middle of the 52 week range.
- Paper traded 6000 DOW May 51 calls at .68.
- The ADV is 21253 contracts.
- The OI is 0 contracts.
The volume went up in one block marked buywrite on the PHLX. ??Stock went up 2 min after the option print on volume of 204k shares for 49.78.? The trade looks like a long stock/ short call ratio that is using the higher IV in the earnings cycle.? This trader is not expecting too big a move if traded as priced.
- IV 30 is trading for 22%.
- HV10 is trading for 16%.
- IV 30 is trading above the HV 10.
The Dow Chemical Company is as an integrated science and technology company. It is a worldwide manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services.
Calls and puts trade in NRG- combos trade
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Shares of NRG Energy Inc. (NRG) are up .72 to 25.67 today. ?NRG is near the lower end of the 52 week range.
- Paper traded 1970 NRG May 24 put and May 26 calls for .95 on both legs.
- The ADV is 2574 contracts. ?
- The OI is 120 and 116 contracts.
The volume went up in 2 blocks on the CBOE marked spread.? This trade went up close to the bid in both options where it is most likely a sale of calls and puts.? However with stock in the same place the May 26 calls are .65 indicating the customer could have bought the calls.? With earnings coming on May 06 this trader is betting on a rise into earnings if that is the case.? There is also a dividend expected at the end of April.
- IV 30 is trading for 34%.
- HV10 is trading for 22%.
- IV 30 is above the HV 10.
NRG Energy, Inc. 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.