28000 and 20000 XLF Feb2017 22 and 24 calls went up in some huge and scattered blocks on the CBOE and PHLX
Shares of Financial Select SPDR (XLF) are up .60 to 21.45 today.? XLF is near the upper end the 52 week range.
- Paper traded 28000 and 20000 XLF Feb2017 22 and 24 calls for around .45 and 06.?
- The ADV is 113k contracts.? ?
- The open interest is 4402 and 0.
The volume went up in some huge and scattered blocks on the CBOE and PHLX.? Some volume trade through the offer in Feb 22s and it would appear most is buying with some on the Price Variation tag.? No stock went up concurrent with the options and a block of 20k plus traded very early in the day.? The paper was not marked spread but most of the volume was straight buy.
- IV 30 is trading for 19%.?
- HV10 is trading for 24%.?
- IV 30 is below the HV 10.
Financial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Financial Select Sector Index (the Index). The Index includes companies from the following industries diversified financial services; insurance; commercial banks; capital markets; real estate investment trusts (REITs); consumer finance; thrifts and mortgage finance; and real estate management and development.