2500 BURL Nov 41 calls went up in one block on PHLX marked buy write. ?
Shares of Burlington Stores Inc. (BURL) are down.74 to 40.09 today.? BURL is near the low end of the 52 week range.
- Paper traded over 2500 BURL Nov 41 calls for .75 ??
- The ADV is 2211 contracts.? ?
- The open interest is 100 contracts.
The volume went up in one block on PHLX marked buy write. ?85000 shared traded through the bid at the time so it is most likely the trader bought calls and sold stock lower against them.? This trade expires before earnings on the 24TH so the investor is looking for a big move off of other earnings in retail.
- IV 30 is trading for 63%.?
- HV10 is trading for 61%.?
- IV 30 is above the HV 10.
Burlington Stores, Inc. is a retailer of branded apparel. As of January 31, 2015, the Company had 542 stores, inclusive of an Internet store, in 44 states of the United States and Puerto Rico.