4606 CNX Jun 30 calls went up in 1 block on the PHLX
Calls trade in CNX- possible buy to close
Shares of CONSOL Energy Inc. (CNX) are down .1.18 to 28.37 today.? CNX is near the lower end of the 52 week range.
- Paper traded 4606 CNX Jun 30 calls for .54.
- The ADV is 7660 contracts.
- The OI is 5040 contracts.
The volume went up in 1 block on the PHLX.? This trade looks like a short call closer taking advantage of the mark down in CNX today.? Instead of waiting for the balance of the premium to decay the trader is taking the low end of the range and booking the profits.? There does not appear to be a roll out from here so they might be expecting a jump in the short term.
- IV 30 is trading for 39%.
- HV10 is trading for 39%.
- IV 30 is trading at the HV 10.
CONSOL Energy Inc. is a producer of coal and natural gas for global energy and raw material markets, which include the electric power generation industry and the steelmaking industry. In addition, it provides energy services, including river and dock services, terminal services, industrial supply services, coal waste disposal services and land resource management services.
Calls trade in MCD- possible call spread closer on size OI ?????
Shares of McDonald?s Corp (MCD) are down 2.19 today to 96.46. ?MCD is near the middle of the 52 week range.
- Paper traded 9000 MCD Jun 100/105 call spread for .48.
- The ADV is 44720 contracts.
- The OI is 32k and 45k contracts.
The volume went up in 2 blocks on the ISE marked spread. ??This trade looks like a customer closing a short call spread.? There is high OI on the strike and MCD is just pulling back from near $100.? From the existing OI, there is still 20000 plus contracts to close.
- IV 30 is trading 18%.
- HV10 is trading for 16%.
- IV 30 is trading above the HV 10.
McDonald?s Corporation (McDonald?s) franchises and operates McDonald?s restaurants in the global restaurant industry. These restaurants serve a menu at various price points in more than 100 countries around the world.
Puts trade in VXX- building an OTM put position
Shares of iPath S&P 500 VIX Short Term ETN (VXX) are up .34 to 19.02 today. ?VXX is near the lower end of the 52 week range.
- Paper traded 12500 VXX Jan 2017 7 puts for .40.
- The ADV is 234k contracts. ?
- The OI is 170 contracts.
The volume went up in several blocks on the CBOE and AMEX.? The trade lifted the available volume and is now offered higher.? The trader here is looking for long term decay in VXX to make this put pay.? In general VXX loses about 50% of its value per year.
UA last profiled a buyer of the Jan 2017 15 puts for 2.95 in January.? The puts are 3.65 bid now.
- IV 30 is trading for 52%.
- HV10 is trading for 34%.
- IV 30 is above the HV 10.
The Ipath S&P 500 VIX Short Term Future ETN (VXX) tracks the two near term VIX futures maintaining a 30 day duration mix of futures.