Alerian MLP ETF (AMLP) is trading down .03 to 17.45 today.? AMLP is trading near a 52-week high.
Today paper traded 2 large blocks of the AMLP May 17 puts for .45 on volume of 19,500 and 9,901 with scattered volume to bring the total over 30,545.? Average volume is 671 contracts per day in the name.? Open interest is 5,735 contracts in the strike.
The puts trade on the offer but did not move the volatility higher today.? The IV is down to 18.03 in May after a large uptick yesterday.? Some sellers are stepping in as well today.
30-day implied volatility is 20%.? 10-day implied volatility is 10%.? 30-day implied volatility is trading above the 10-day historical volatility.
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index).