12000 NBG Jan .05 calls went up in several blocks on most exchanges
Shares of ?National Bank of Greece (NBG) are down .04 to .5 today. ?NBG is at the bottom of the 52 week range.
- Paper traded 12000 NBG Jan .05 calls for .10. ?
- The ADV is 7735 contracts.?
- The OI is 6865 contracts.
The volume went up in several blocks on most exchanges. ?The initial .10 bid went unfilled with .10 stacking up until a seller stepped in on a block of 4883.? The calls are now .11 bid with NGB trading .58 so the calls are only .02 above parity.? The trade looks like someone making a leveraged upside bet on NBG to January.
- IV 30 is trading 348%.?
- HV10 is trading for 132%.?
- IV 30 is trading above the HV 10.
National Bank of Greece S.A. is a commercial bank. The Bank offers its customers a range of integrated financial services, including corporate and investment banking; retail banking (including mortgage lending); leasing and factoring; stock brokerage, asset management and venture capital; insurance; and real estate and consulting services.