17000 IYR Sep 72 calls went up in 1 block on the PHLX marked buy write. ?

IYR?

Shares of IShares Dow Jones Real Estate ETF (IYR) are up .97 to 69.66 today.? IYR ?is near the bottom of the 52 week range.

  • Paper traded 17000 IYR Sep 72 calls for .28. ?
  • The ADV is 33k contracts.?
  • The OI is 21188 contracts.

The volume went up in 1 block on the PHLX marked buy write. ?A second block of 5000 calls traded so the trade is opening paper.? 357000 shares of IYR printed 69.40 with the options so the investor is in on a 4 to 1 ratio of calls versus stock.? This would be a case of big upside leverage if IYR jumped.

  • IV 30 is trading 23%.?
  • HV10 is trading for 36%.?
  • IV 30 is trading below the HV 10.

Shares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index)