13906/20138/5689 P Jan2018 12/15 calls spreads over Jan2018 10 puts went up in 3 blocks on the PHLX.? ?
Shares of Pandora Media Inc. (P) are down .41 to 9.31 today. ?P is making a 52 week low.
- Paper traded 13906/20138/5689 P Jan2018 12/15 calls spreads over Jan2018 10 puts for .43 and 1.92.?
- The ADV is 25917 contracts.?
- The OI is 64091/86225 and 41975 contracts.
The volume went up in 3 blocks on the PHLX.? ?This combo did not go up marked as spread but all legs traded the same time on the same exchange.? As priced the trader is buying the 12/15 call spread and buy the Jan 10 put.? Most likely this is a closing trade after the drop in P might be a bit much given the higher OI.? With P at the lows this trader is probably losing on the combination.
- IV 30 is trading 76%
- HV10 is trading for 38%.?
- IV 30 is trading above the HV 10.
Pandora Media, Inc. (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage.