6000 Mar 37/Jan 2016 40 put spreads went up in 2 blocks. This might be a good lesson in not shorting puts instead of put spreads.
Put spreads trade in AGO- more of the same
Shares of Assured Guaranty LTD. (AGO) are up .11 to 24.65 today. ??AGO is near the middle of the 52 week range.
Paper traded 10000 AGO Jul 21/24 put spread for 1.07 (average price).?
- The ADV is 33k contracts.
- The OI is 1233 and 7050 contracts.
The volume went up in multiple blocs on several exchanges.? The prices are skewed to the sell side so this could be more of same spread similar to the Jul 22/25.? The pricing appears that the trader wants to get long by selling the put spread.
- IV 30 is trading for 31%.
- HV10 is trading for 25%.
- IV 30 is trading above the HV 10.
Assured Guaranty Ltd. (AGL) is a Bermuda-based holding company. The securities insured by the Company include taxable and tax-exempt obligations issued by the United State state or municipal governmental authorities, utility districts or facilities; notes or bonds issued to finance international infrastructure projects; and asset-backed securities issued by special purpose entities.
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Puts roll in NFX
Shares of Newfield Exploration Co. (NFX) are up .59 to 28.02. ?NFX is near the bottom of the 52 week range.
Paper traded 6000 Mar 37/Jan 2016 40 put spreads for 3.60. ??
- The ADV is 2110 contracts.
- The OI is less than 100 contracts.
The volume went up in 2 blocks.? The trade looks like a roll out of 37s and into the Jan 37s.? There is trade on the Jun 40 puts as well that look closing.? The client looks like they are trying to maintain a short put and trying to generate a small premium to do it.? This might be a good lesson in not shorting puts instead of put spreads.
- IV 30 is trading for 49%.
- HV10 is trading for 69%.
- IV 30 is trading above the HV 10.
Newfield Exploration Company (Newfield) is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids.
Calls trade in AEO- possible closer here
Shares of American Eagle Outfitters (AEO) are down .10 to 14.15 today. AEO is near the upper end of the 52 week range.
Paper traded 5400 AEO Feb 15 calls for .17.?
- The ADV is 9371 contracts. ?
- The OI is 8279 contracts.
The volume went up in 1 block on a price variation.? The trade is probably a buy to close, maybe a buy-writer, with the customer taking the short premium and running.? Check the OI tomorrow to make sure or this is an aggressive long spec trade.
- IV 30 is trading for 36%.
- HV10 is trading for 37%.
- IV 30 is trading under the HV 10.
American Eagle Outfitters, Inc. (AEO, Inc) is a specialty retailer that operates in the United States and Canada, and online at ae.com. AEO, Inc operates under the American Eagle (AE), aerie by American Eagle (aerie), and 77kids by american eagle (77kids) brands.