10000/9467 PBR Jan 2016/Apr 2016 5 put spreads went up in 2 blocks on the PHLX
Shares of Petrobras SA (PBR) are down .02 to 4.97 today. ?PBR is near the bottom of the 52 week range.
- Paper traded 10000/9467 PBR Jan 2016/Apr 2016 5 put spreads for .25. ?
- The ADV is 50k contracts.?
- The OI is 74k and 422 contracts.
The volume went up in 2 blocks on the PHLX marked spread.? There is huge OI on the Jan?s so this trader is most likely rolling a long delta position out to Apr.? They are drawing a line at $5.
- IV 30 is trading for 75%.?
- HV10 is trading for 51%.?
- IV 30 is trading above the HV 10.
Petroleo Brasileiro SA – Petrobras is a Brazil-based integrated energy company.