69798 WMB Feb 48 calls traded over 29538 WMB Feb 50 calls for .90. The trader is looking for higher prices through earnings but booked massive gains.
Calls trade in WMB- possible roll up
Shares of Williams Comp Inc. (WMB) are down 1.05 to 48.60 today.? WMB is near the middle of the 52 week range.
Paper traded 69798 WMB Feb 48 calls over 29538 WMB Feb 50 calls for .90 (1 to 1).
- The ADV is 27kcontracts.
- The OI is 71k and 8k contracts.
The volume went up in 2 blocks.? The split ratio is likely the customer keeping a long leg open but taking most of the profits now.? The trader is looking for higher prices through earnings but booked massive gains.? UA profiled earlier roll ups in WMB.
- IV 30 is trading for 36%.
- HV10 is trading for 26%.
- IV 30 is trading above the HV 10.
The Williams Companies, Inc. (Williams), is an energy infrastructure company focused on connecting North America?s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins.
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Call buying in GDP ? possible takeover paper
Shares of Goodrich Petroleum Corp. (GDP) are up .30 to 4.39.? GDP is near the lower end of the 52 week range.
Paper traded 3000 GDP Mar 7.5 calls for .05-.10. ??
- The ADV is 11235 contracts.
- The OI is 1271 contracts.
The volume went up in scattered sizes.? The paper looks like takeover speculation with a short time frame.? There was a large Mar 2.5/Jun 4.5 roll higher that is looking like a close on the Mar 2.5s for .06 over.? The paper is skew to call over writers having to close and sell higher strikes.
- IV 30 is trading for 126%.
- HV10 is trading for 127%.
- IV 30 is trading at the HV 10.
Goodrich Petroleum Corporation is an independent oil and natural gas company. The Company is engaged in the exploration, development and production of oil and natural gas.
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CROX call traders- opening earnings time spread
Shares of Crocs Inc. (CROX) are up .18 to 10.88 today. ??CROX is trading near the low end of the 52 week range.
Paper traded 2000 CROX Feb/Mar 11 call spreads for .40.?
- The ADV is 620 contracts. ?
- The OI is over 868 and 1018 contracts.
The volume went up in 2 large blocks.? The trade went up as spread with Mar marking on the offer.? The trader most likely bought the spread and is looking for a slim reaction to earning today.? The near the money calls in Feb are trading at lower prices than when the spread went up.
- IV 30 is trading for 51%.
- HV10 is trading for 19%.
- IV 30 is trading over the HV 10.
Crocs, Inc. is engaged in the design, development, manufacturing, worldwide marketing and distribution of casual lifestyle footwear, apparel and accessories for men, women and children. The Company?s products include footwear and accessories.