10000 NBR Jun16 11 calls went up in 1 block on the ARCA marked spread.? ?

NBR

Shares of Nabors Industries ltd (NBR) are up .36 to 10.27 today. ?NBR is in the middle of the 52 week range.

  • Paper traded 10000 NBR Jun16 11 calls for .38.?
  • The ADV is 5601 contracts.?
  • The OI is 1960 contracts.

The volume went up in 1 block on the ARCA marked spread.? ?350K shares go up with this trade and another 11000 calls go up for near the same price.? Early buying kept the price of the options rising and this late print appears to be a call buyer finally putting up a print.? The trader is looking for a big jump if this is the case on very low open interest.? IV is up 3 points.

  • IV 30 is trading 50% ?
  • HV10 is trading for 72%.?
  • IV 30 is trading below the HV 10.

Nabors Industries Ltd. owns and operates a land-based drilling rig fleet.