832 SCCO Jan 27 puts went up in 1 block on the PHLX. ?
Shares of Southern Copper Corp. (SCCO) are up .22 to 26.89 today.? ?SCCO is near the bottom of the 52 week range.
- Paper traded 832 SCCO Jan 27 puts for 1.75. ??
- The ADV is 1102 contracts.? ?
- The open interest is 4300 contracts.
The volume went up in 1 block on the PHLX. ?The put buyers came in scattered blocks in addition to the larger block of 832.? From the OI these should be closing as whatever rally SCCO is running appears to be short lived.? Check to the OI tomorrow to confirm closing here.
- IV 30 is trading for 34%. ?
- HV10 is trading for 16%.?
- IV 30 is above the HV 10.
Southern Copper Corporation is a copper producer. The Company produces copper, molybdenum, zinc and silver. The Company operates in three segments: Peruvian operations, Mexican open-pit operations and Mexican IMMSA unit. Peruvian operations segment includes the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a precious metals plant industrial railroad and port facilities that service both mines.