15000 GE Nov 30 calls and Nov 28 puts went up in 2 blocks on the ISE.?
Shares of General Electric Comp (GE) are up .70 to 29.33 today.? GE ?is near the middle of the 52 week range.
- Paper traded 15000 GE Nov 30 calls and Nov 28 puts for .08.?
- The ADV is 57810 contracts. ?
- The OI is 890091 and 16403 contracts.
The volume went up in 2 blocks on the ISE.? The trade could be a close of some of the volume but the puts traded below the bid. Even with the straddle tag it looks like this is a risk reversal where the trader is looking for very cheap Nov 30 level calls.? We can check the OI on this for Monday.
- IV 30 is trading 16%.?
- HV10 is trading for 58%. ?
- IV 30 is below the HV 10.
General Electric Company (GE) is a global digital industrial company.