150000/100000 PBR Jan 2017 3.5 puts over Jan 2017 5 puts went up in several blocks on the ISE marked combo or Buy Write. ?
Shares of Petrobras (PBR) are down .23 to 4.63 today.? PBR is near the lower end of the 52 week range.
- Paper traded 150000/100000 PBR Jan 2017 3.5 puts over Jan 2017 5 puts for around .8 and 1.75. ?
- The ADV is 35898 contracts.?
- The OI is less than 1000 contracts.
The volume went up in several blocks on the ISE marked combo or Buy Write. ?This trader looks like they are buying the 5 puts and selling the 3.5 puts.? The trades are going up tied to stock and appear to buy buying stock and selling the extra puts to help finance them.? The trade does look bullish long term in that way.
- IV 30 is trading 84%.?
- HV10 is trading for 90%.?
- IV 30 is trading below the HV 10.
Petroleo Brasileiro S.A. – Petrobras is an integrated energy company. The Company operates in the Exploration and Production (E&P); Refining, Transportation and Marketing (RTM); Gas and Power; Biofuels; Distribution, and International segments. E&P includes exploration, development and production of crude oil, natural gas liquid and natural gas in Brazil. RTM covers the refining, logistics, transport and trading of crude oil and oil products activities, export of ethanol, extraction and processing of shale, and interests in petrochemical companies in Brazil.