1920 ENB Mar 37.5 calls went up in 1 block on the PHLX. ?

ENB

Shares of Enbridge Inc (ENB) are up .64 to 35.38 today. ?ENB is near the lower end of the 52 week range.

  • Paper traded 1920 ENB Mar 37.5 calls at .35.?
  • The ADV is 791 contracts.?
  • The OI is 63 contracts.

The volume went up in 1 block on the PHLX. ?The trade is most likely a buy writer looking for yield in the high dividend MLP space.?? The calls would add around 1% per month to the cash flow on the stock.

  • IV 30 is trading 40%.?
  • HV10 is trading for 50%.?
  • IV 30 is trading below the HV 10.

Enbridge Inc. (Enbridge) is an energy transportation and distribution company. The Company operates in five segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. Liquids Pipelines segment owns and operates crude oil and other liquid hydrocarbons pipelines and terminals. Gas Distribution consists of the Company’s natural gas utility operations.