30000+ EUO Jan 2016 25 calls went up in several blocks on all floors.
Shares of Ultrashort Euro ProShares (EUO) are flat at 26.73 today.? ?USO is near the upper end of the 52 week range.
- Paper traded 30000+ EUO Jan 2016 25 calls for 2.0-2.10. ?
- The ADV is 4700 contracts.?
- The OI is near 44k contracts.
The volume went up in several blocks on all floors. ?Paper posted bids and there was steady buying since midday today.? This could be a covered writer closing or fresh OI looking for a drop in the Euro after the FOMC minute release today.
- IV 30 is trading 26%.?
- HV10 is trading for 18%.?
- IV 30 is trading above the HV 10.
Ultrashort Euro ProShares (EUO) is a security that double shorts the Euro.