It looks like there were some put closers in AMLP today with two large blocks of Oct 19 puts hitting the bid at 0.475
Calls spreads trade in NUE- open call buying
Shares of Nucor Corp. (NUE) are down .58 to 49.94 today.? NUE is near the middle of the 52 week range.
- Today paper traded 5000 NUE Nov 52.5.55 call spreads for .62.
The ADV is 5232 contracts.? - The OI is 934 and 5228 contracts.
Volume went up in two size blocks.? The trade went up marked spreads with a possible close on the Nov 55.? If so they are selling to close the Nov 55s making this a roll down to try for a bounce.? Essentially the customer is trying to double down on the 52.5s to make money on the 55s.? Check the OI on this one tomorrow.
- 30-day implied volatility is 25%. ?
- 10-day implied volatility is 13%.
- 30 day implied volatility is trading above the 10 day realized volatility
Nucor Corporation and its affiliates (Nucor) manufactures steel and steel products. The Company also produces direct reduced iron (DRI) for use in the Company?s steel mills.
Puts trade in FRAN- put buyers jump in
Shares of Francesca?s Holdings Corp (FRAN) are down .19 to 12.66 today.? FRAN is trading near the 52 week low.
Today paper traded 3100 FRAN Mar 12.5 puts for 1.70.?
- The ADV is 416 contracts.
- The OI is 60 contracts.
Volume went up in 1 block through the posted offer at the time.? The strike is trading actively with volume on all floors over 5900 contracts. No stock went up with this so this is either a longer term short play or a hedge of an existing position.1.65 bids for the puts were getting filled but now.? IV is up quite a bit today or 5 points in Mar.
- 30-day implied volatility is 46%. ?
- 10-day implied volatility is 23%.
- 30 day implied volatility is trading above the 10 day realized volatility
Francesca?s Holdings Corporation is a holding company. The Company is a specialty retailer. As of February 1, 2014, the Company?s operated 451 boutiques in 45 states and the District of Columbia and also served its customers through www.francescas.com, its direct-to-consumer Website.
Put sellers in Alerian MLP- possible closers here
Shares of Alerian MLP (AMLP) are down .29 to 18.51.? AMLP is in the middle of the 52 week range.
Today paper traded 4991 AMLP Oct 19 puts at .475. ?
- The ADV is 677 contracts.
- The OI is 11998 contracts.
Volume went up two large blocks.? The puts were close to hitting the bid at the time.? Subsequent trade was buying but in much smaller size.? The large blocks were most likely a sell to close with more volume to go.? The put premium on the strike is reduced to parity.
- 30-day implied volatility is 20%. ?
- 10-day implied volatility is 9%.
- 30 day implied volatility is trading above the 10 day realized volatility
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index).