12777 P Jun2017 11/16 call spreads over 10 puts went up in 3 blocks on the PHLX marked spread. ?
Shares of Pandora Media Inc (P) are up .46 to 10.88 today.? P is near the middle of the 52 week range.
- Paper traded 12777 P Jun2017 11/16 call spreads over 10 puts for .05.
- The ADV is 10892 contracts.?
- The OI is less than 200 contracts.
The volume went up in 3 blocks on the PHLX marked spread. ?As priced to the mid, the trader bought call spread and sold the puts for a .05 outlay.? They would be looking for a large return on margin since the put spreads is so close to the money.
- IV 30 is trading 57%.?
- HV10 is trading for 31%.?
- IV 30 is trading above the HV 10.
Pandora Media, Inc. (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage. The Company delivers targeted messages to its listeners using a combination of audio, display and video advertisements.