The Options Insider

Possible Call and Stock Play in EWY

by | Apr 14, 2015 | Unusual Activity

4000 EWY Jul 63 calls went up in 1 block marked buy-write tied to 124,000 shares for 60.40.?

Call and put traders in TRQ- short combo goes up

?TRQ

Shares of Turquoise Hill Resources ltd (TRQ) are up .10 to 3.89 today. ?TRQ is near the high end of the 52 week range.

  • Paper traded 50000 TRQ Jan 2016 3.5 put and 4 calls for a .10 credit.
  • The ADV is 1180 contracts.
  • The OI is 16033 and 6171 contracts.

The volume went up in 2 massive blocks on the PHLX.? The combo is showing short call with the put trading closer to the bid.? This could be a short straddle, possibly a covered straddle with the trade making this a yield play on a move.? If the trader bought stock lower, this would be .80 on 3.88 of current equity price.? IV is down in both Sep and Jan 2016.

  • IV 30 is trading for 44%.
  • HV10 is trading for 54%.
  • IV 30 is trading below the HV 10.

Turquoise Hill Resources Ltd is an international mining company focused on copper, gold and coal mines in Mongolia.

 

Calls trade in EWY- possible call and stock play

?EWY

Shares of iShares MSCI South Korea Index (EWY) are up 1.02% to 60.44 today. ??EWY is near the middle of the 52 week range.

  • Paper traded 4000 EWY Jul 63 calls for .94.
  • The ADV is 2911 contracts.
  • The OI is 166 contracts.

The volume went up in 1 block marked buy-write.? The option block went up tied to 124000 shares for 60.40.? The trade is most likely a call and stock trade where the trader is opening a delta neutral or close to it position.? They are expecting larger moves.

  • IV 30 is trading for 65%.
  • HV10 is trading for 35%.
  • IV 30 is above the HV 10.

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index).

 

NOK calls trade- OTM call buyers

?NOK

Shares Nokia (NOK) are down .37 to 7.93 today.? NOK is near the middle of the 52 week range.

  • Paper traded 834 NOK May 9 calls for .13.
  • The ADV is 5737 contracts. ?
  • The OI is 260.

The volume went up in 1 block.? Volume on the May 9 strike is well over 5000 contracts with buyers mostly coming in early on.? Call buyers are underwater as of right now as they are betting that the Alcatel deal will boost the NOK stock price.

  • IV 30 is trading for 48%.
  • HV10 is trading for 29%.
  • IV 30 is above the HV 10.

Nokia Corporation invests in technological devices. The Company is focused on three businesses: network infrastructure software, hardware and services, which it offers through Networks; location intelligence, which the Company provides through HERE, and advanced technology development and licensing, which the Company pursues through Technologies. Networks are a specialist in mobile broadband.