84000 ZTS Jan 2017 35 puts went up on the ARCA in 2 blocks.? The original trade in Nov had paper selling the puts and it appears the trader is buying them back for a $1+ per contract.?
Shares of Zoetis Inc (ZTS) are up 1.19 to 42.81 today.? ZTS is trading in the middle of the 52 week range.
- Paper traded 84000 ZTS Jan 2017 35 puts for 2.25-2.3.?
- ZTS trades 2773 contracts a day on average.?
- The OI on the strike is 88k.
The trade went up on the ARCA in 2 blocks.? The original trade in Nov had paper selling the puts and it appears the trader is buying them back for a $1+ per contract.? This could be a margin adjusting trade since the puts are still well OTM.
- IV30 IS 26% and HV10 is 37%,?
- The current realized volatility is trading at a premium to implied volatility.
Zoetis Inc. is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals.