47995 WMB Feb 45 calls went up in 1 block & a size block of the Feb 48 calls went up for 1.08 65812x within 6 minutes of the first block.?

Calls trade in WMB- possible roll up

WMB

Shares of Williams Comp Inc. (WMB) are up .06 to 46.44 today.? WMB is near the middle of the 52 week range.

Paper traded 47995 WMB Feb 45 calls for 2.45.?

  • The ADV is 21986 contracts.
  • The OI is 52545 contracts.

The volume went up in 1 block.? A size block of the Feb 48 calls went up for 1.08 65812x within 6 minutes of the first block.? The trade is most likely a roll up for positive dollars where the trader is locking in gains on the sale and looking for more upside.? WMB just bounced off of the bottom.? IV is up 4 points across the board in WMB today.

  • IV 30 is trading for 40%.
  • HV10 is trading for 31%.
  • 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 KKR- possible earnings spec

KKR

Shares of KKR and Co. LP (KKR) are up .02 to 24.74 today.? KKR is near the upper end of the 52 week range.

Paper traded 3992 KKR Jun 26 calls for .60. ??

  • The ADV is 3389 contracts.
  • The OI is 989 contracts.

The volume went up in 1 block.? The paper looks like an opening call buy to ride the wave through earnings on Feb 10th.??? In general the trade looks bullish and went up with a tie to stock.

  • IV 30 is trading for 27%.
  • HV10 is trading for 16%.
  • IV 30 is trading below the HV 10.

KKR & Co. L.P. (KKR), incorporated on June 25, 2007, is a global investment company. The Company’s business offers a broad range of investment management services to the Company’s fund investors and provides capital markets services to its firm, its portfolio companies and other third parties.

 

Put sellers in TCK- possible roll up

TCK

Shares of Teck Resources LTD (TCK) are up .52 to 14.94 today. ??TCK is trading near the low end of the 52 week range.

Paper traded 6248 and 3300 TCK May 11/13 put spreads.?

  • The ADV is 5683 contracts. ?
  • The OI is over 6465 and 16,000 contracts.

The volume went up in 2 large blocks.? The trade was marked spread with the volume close to a 1 x 2 put spread in size.? There is large OI on the 11 and 13 strike so the trader looks like they are rolling up for less size.? Usually a reduction in size is a down money roll so check the OI on this one for tomorrow.? It does look like they want to keep a short bet or hedge going.

  • IV 30 is trading for 62%.
  • HV10 is trading for 63%.
  • IV 30 is trading under the HV 10.

Teck Resources Limited (Teck) is engaged in exploring for, developing and producing natural resources. Teck?s activities are organized into business units focused on copper, coal, zinc and energy. The Company?s principal products are copper, steelmaking coal and zinc. Lead, molybdenum, silver and various specialty and other metals, chemicals and fertilizers are also produced at its operations.