1750/1605 JACK Jun16 115 calls and May19 110 calls went up in 2 blocks on the PHLX marked spread.?
Shares of Jack in the Box Inc. (JACK) are up 1.77 to 101.32.? JACK is near the upper end of the 52 week range.
- Paper traded 1750/1605 JACK Jun16 115 calls and May19 110 calls for .40 and .70.?
- The ADV is 1260 contracts.?
- The OI is 3226 and 98 contracts.
The volume went up in 2 blocks on the PHLX marked spread.? The calls look sold in both cases with scatted volume on the May calls pushing trade up over the OI today as buyer jump in prior to the open.? As priced the trader looks like they are selling on the bid.? Recent activity has traders selling the May 110s against stock.
- IV 30 is trading for 36%
- HV10 is trading for 20%.?
- IV 30 is trading above the HV 10.
Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants.