10000/20000 OIH Jan 2017 24 puts and 35 calls went up in 2 blocks on the CBOE marked spread.?
Shares of the Market Vectors Oil Services ETF (OIH) are down .28 to 27.65 today.? OIH is near the middle of the 52 week range.
- Paper traded 10000/20000 OIH Jan 2017 24 puts and 35 calls for 1.5 and .59.?
- The ADV is 11k per day.?
- The OI is 10016 on the puts and 21629 on the puts.
The volume went up in 2 blocks on the CBOE marked spread.? The trade is near the exact open interest and as priced look buy put and sell call.? If so this would be closing a long delta trade now that OIH has made a run from lower levels.? If more of the same a trader is adding collar to a stock position.
- IV 30 is trading 36%.?
- HV10 is trading for 35%.?
- IV 30 is trading above the HV 10.
OIH is a rules-based index intended to track the overall performance of 25 of the largest U.S. listed, publicly traded oil services companies