19000 XLE Mar 72/75 puts spreads went up in 2 giant blocks.? The huge open interest on this one means this could be a closing buyer.?
Put spreads trade in GALE- possible roll
Shares of Galena BioPharma Inc. (GALE) are up .04 to 1.55.? GALE is near the bottom of the 52 week range.
Paper traded 3624 CVEO Jan 2016 7.5 calls for .35. ?
- The ADV is 1918 contracts.
- The OI is 7043 and 10 contracts.
The volume went up in 2 blocks.? Paper looks like they bought to close on the Jan strike and reopened by selling puts on the Jul 2.5s.? There are other small call buyers in Apr but this trade looks like a roll to stay long some deltas.
- IV 30 is trading for 98%.
- HV10 is trading for 44%.
- IV 30 is trading below the HV 10.
Galena Biopharma, Inc. (Galena) is a biopharmaceutical company. The Company is developing and commercializing oncology therapeutics that address medical needs across the spectrum of cancer care.
Call spreads trade in JOE- possible roll down
Shares of St. Joe Co. (JOE) are up .02 to 18.41 today. ??JOE is at the bottom of the 52 week range.
Paper traded 468 JOE Mar 19/20 call spread for .38. ??
- The ADV is 718 contracts.
- The OI is 310 and 5556 contracts.
The volume went up in 2 blocks.? This trade has over 2000 contracts all going up on the ISE.? Some of the 19 calls are printing through the offer so the paper is most likely opening.? This customer could be rolling down the 20s trying to get closer to the money for the ride back up.? Most likely a bullish trade.
- IV 30 is trading for 28%.
- HV10 is trading for 17%.
- IV 30 is trading over the HV 10.
The St. Joe Company is a Florida real estate development and operating company. The Company operates in five segments: residential real estate, commercial real estate, resorts, leisure and leasing operations, forestry, and rural land. Its residential real estate segment plans and develops mixed-use resort, primary and seasonal residential communities of various sizes, primarily on the Company’s existing land.
Put spreads trade in XLE- possible size close
Shares of the Energy Select Sector SPDR (XLE) are up .42 to 79.58. ??XLE is near the lower end of the 52 week range.
Paper traded 19000 XLE Mar 72/75 puts spreads for 1.75.?
- The ADV is 117k contracts. ?
- The OI is 20424 and 29022 contracts.
The volume went up in 2 giant blocks.? The huge open interest on this one means this could be a closing buyer.? This is one to check the OI but this could be a savvy trader closing a short put spread put on in the lows.? A giant block of the 75s went up for around $5 a few weeks ago.
- IV 30 is trading for 27%.
- HV10 is trading for 28%.
- IV 30 is trading under the HV 10.
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services. The Fund?s investment advisor is SSgA Funds Management, Inc.