16398 COP May 70 calls went up in 1 large block marked sold last.
Calls trade in COP- possible short call close
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Shares of Conoco Phillips (COP) are up 1.95 today to 66.76. ?COP is near the low end of the 52 week range.
- Paper traded 16398 COP May 70 calls for .55.
- The ADV is 24010 contracts.
- The OI is 28351 contracts.
The volume went up in 1 large block marked sold last.? The trader here is most likely closing a short call against a stock position.? With takeover rumors swirling everywhere having the short May 70 call does not look too appetizing right now.? Check the OI on this to be sure tomorrow.
- IV 30 is trading for 23%.
- HV10 is trading for 27%.
- IV 30 is trading below the HV 10.
ConocoPhillips is an independent exploration and production (E&P) company. The Company manages its operations through six segments: The Alaska segment explores for, produces, transports and markets crude oil, natural gas liquids, natural gas and LNG;
Puts trade in CEQP- possible put and stock play
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Shares of Crestwood Equity Partners LP are up .18 to 5.53 today. ?CEQP is trading near the low end of the 52 week range.
- Paper traded 1800 CEQP Jul 5 puts for .46 on split prices.
- The ADV is 128 contracts.
- The OI is 41 contracts.
The volume went up in 1 block on the AMEX.? This trade was marked spread without a counter options side.?? Stock did go up for 5.50 on 68400 shares concurrent with the put trade.? The trade is about 30 deltas so it appears to be a delta neutral backspread.? July 15 puts went up vers stock near 1-1 which look like a stock replacement.
- IV 30 is trading for 64%.
- HV10 is trading for 60%.
- IV 30 is above the HV 10.
Crestwood Equity Partners LP (Crestwood Equity) is a master limited partnership that manages, owns and operates crude oil, natural gas and NGL midstream assets and operations.
Calls trade in EDU- rolling up and out calls
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Shares of New Oriental Education & Tech (EDU) are down .06 to 25.65 today.? EDU is near the middle of the 52 week range.
- Paper traded 733 EDU Jul 27 calls over Oct 30 calls for .45.
- The ADV is 744 contracts. ?
- The OI is 1612 and 0 contracts.
The volume went up in 2 blocks marked spread on the AMEX.? This trade has the investor closing the Jul calls and selling the Oct calls.? The pricing is consistent with a buy writer rolling up to catch more lift in the underlying.
- IV 30 is trading for 38%.
- HV10 is trading for 36%.
- IV 30 is above the HV 10.
New Oriental Education & Technology Group Inc. is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.