8000 NE Jan 2016 14 puts went up in 1 giant block on the PHLX marked Buy Write.?

Calls trade in SFM- call buyers jump in

?SFM

Shares of Sprouts Farmers Market Inc. (SFM) are down .37 to 30.88 today. ??SFM is near the middle of the 52 Week range.

  • Paper traded 9509 SFM May 30 calls for 1.40.
  • The ADV is 819 contracts.
  • The OI is 422 in the two strikes.

The volume went up in 1 block marked spread on the AMEX.? Volume of 500000 shares went up for price of 30.65 on the NASDAQ which could be tied to the options.? The trade would be slightly long deltas for a backspread.? Stock replacement with 2 weeks to go does not make a whole lot of sense.? Most likely, this is an earnings move play.

  • IV 30 is trading for 15%.
  • HV10 is trading for 15%.
  • IV 30 is trading at the HV 10.

Sprouts Farmers Market, Inc. (Sprouts) is a specialty retailer of natural and organic food focusing on health and wellness. The Company offers fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, bakery, dairy, frozen foods, body care and natural household items.

 

Puts trading in NE- massive put and stock blocks

?NE

Shares of Noble Energy (NE) are up .58 to 17.94 today. ??NE is near the middle of the 52 week range.

  • Paper traded 8000 NE Jan 2016 14 puts for 1.10.
  • The ADV is 7837 contracts.
  • The OI is 1885, 885 and 320 contracts.

The volume went up in 1 giant block on the PHLX marked Buy Write.? Jan 2014 puts went up with Jun and Sep 14 puts.? Most of the puts traded closer to the bid with 300000 shares going up for 17.80.? The customer got better stock prices at time of execution so the trade looks like a stock close and rolling into OTM puts.? Odd pricing combination as posted but looks like they want to roll the risk more OTM.? The puts are all opening.

  • IV 30 is trading for 44%.
  • HV10 is trading for 55%.
  • IV 30 is trading below the HV 10.

Noble Corporation plc is an offshore drilling contractor for the oil and gas industry.

 

Calls and puts trading in SE- larger rolls going up

?SE

Shares the Spectra Energy (SE) are down .26 to 37.01 today.? SE is near the middle of the 52 week range.

  • Paper traded 9000 SE May Jun 38 call spread and Jun 35 puts for .45 and .48.
  • The ADV is 3422 contracts. ?
  • The OI is 15910 in the May calls and 13257/7136 in the Jun contracts.

The volume went up in 3 blocks marked spread on ARCA.? As priced, the customer looks like they are rolling the May 38 calls to Jun and financing them with put sales at the 35 level.? From the OI, the May puts were most like the 34s.? Bullish risk reversal roll.

  • IV 30 is trading for 21%.
  • HV10 is trading for 11%.
  • IV 30 is below the HV 10.

Spectra Energy Corp is a pipeline and midstream company.