3000 LNG Apr21 51 calls and Apr21 47 puts went up in 2 blocks on the AMEX marked spread.?
Shares of Cheniere Energy Inc. (LNG) are down .79 to 47.61 today.? LNG is near the middle of the 52 week range.
- Paper traded 3000 LNG Apr21 51 calls and Apr21 47 puts for .18 and .70. ??
- The ADV is 5536 contracts.? ?
- The open interest is 0 and 75 contracts.
The volume went up in 2 blocks on the AMEX marked spread.? IV is way up before the earnings cycle as this trader bid up the short delta strangle.? Stock did not go up marked with the strangle so this is a straight strangle buy or against an existing position but the trader is looking for a larger move leaning to the downside as priced.
- IV 30 is trading for 33%.?
- HV10 is trading for 23%.?
- IV 30 is above the HV 10.
Cheniere Energy, Inc. (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business.