8549 QCOM Aug 72.5 calls went up in 1 block on the PHLX.

Calls trade in QCOM- possible short call close

qcom

Shares of Qualcomm, Inc. (QCOM) are up .06 to 64.00. ???QCOM is near the lower end of the 52 week range.

  • Paper traded 8549 QCOM Aug 72.5 calls for .19.
  • The ADV is 39924 contracts.
  • The OI is 18000 contracts.

The volume went up in 1 block on the PHLX. This could be a closing trade where the call seller does not want to keep the open risk earnings.? With QCOM close to the bottom of the range it looks like a good close.?? Check the OI to make sure.

  • IV 30 is trading for 25%.
  • HV10 is trading for 12%.
  • IV 30 is trading above the HV 10.

QUALCOMM Incorporated (Qualcomm) designs, manufactures and market digital communications products and services based on Code Division Multiple Access (CDMA), Orthogonal Frequency Division Multiple Access (OFDMA) and other technologies.

 

Puts trade in TLT- size put spread roller

bonds

Shares of iShares Barclays 20+ Year Treasury ETF (TLT) are up 1.27 to 117.34 today. ?TLT is near the middle of the 52 week range.

  • Paper traded 7022 TLT Jul 113/116 put spreads for .20 and 7022 TLT Jul 31 Weekly 112/115 put spreads at .45.
  • The ADV is 78k contracts.
  • The OI is 12k and 10k and 300 over 300 contracts.

The volume went up in 4 blocks on the ISE marked combo.? As priced the trader is closing the short put spread in Jul and opening a short put spread in the Jul 31 cycle.? They are looking for TLT to stabilize and/or go higher.

  • IV 30 is trading 15%.
  • HV10 is trading for 19%.
  • IV 30 is trading below the HV 10.

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years.

 

Calls trade in SPY- massive call spreads trade

SPY

Shares of the SPDR S&P 500 ETF trust (SPY) are up .27 to 210.95.? SPY is near the upper end of the 52 week range.

  • Paper traded 16500/49500 SPY Dec 215/220 ratio call spreads for 4.71 and 2.57. ??
  • The ADV is 2.2 mil contracts. ?
  • The OI is 40234 and 31957 contracts.

The volume went up in two blocks on the PHLX marked spread.? ?A trade of similar size went up so it looks like a customer was profit taking and rolling dollars up to the Dec 220 calls.? Check the OI on this to confirm.

  • IV 30 is trading for 31%.
  • HV10 is trading for 23%.
  • IV 30 is below the HV 10.

SPDR S&P 500 ETF Trust (the Trust) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index.