MDT is acquiring COV and this trade is a bet that the deal goes through.
Risk Reversal goes up in PBR- more risk reversals go up
Shares of Petroleo Brasiliero Petrobras (PBR) are up .02 to 15.94.? PBR is in the middle of the 52 week range.
Today paper traded 10000 PBR Nov 14/18 risk reversals for .18. ?
- The ADV is 80k contracts.
- The OI is 24650 and 111370.
Volume went up in two large blocks.? The trade had the 14 puts hitting the bid with the calls trading just of the offer.? This was most likely a risk reversal for a small debit.? PBR is trade at the lower end of the 1 month range.? The trader wants a jump in PBR.
- 30-day implied volatility is 72%.
- 10-day implied volatility is 56%.
- 30-day implied volatility is trading above the 10-day realized volatility.
Petroleo Brasileiro SA Petrobras (Petrobras) is a Brazil-based integrated oil and gas company.
Puts trade in VALE- selling some downside spreads
Shares of Vale SA (VALE) are up .18 to 11.60 today. ?VALE is near the bottom of the 52 week range.
Today paper traded 9000 VALE Oct 10.5 puts at .12.?
- The ADV is 47003 contracts.
- The OI is 79 contacts.
Volume went up in 1 block hitting the posted bid.? This is an opening size seller looking for a drop in VALE to take the stock and betting on a more positive outcome in the Brazil elections.
- 30-day implied volatility is 32%.
- 10-day implied volatility is 27%.
- 30-day implied volatility is trading above the 10 realized volatility
Vale SA (Vale) is a Brazil-based metals and mining company. Vale services are divided into four segments: Bulk Material, including the extraction of iron ore, manganese and ferroalloys, as well as pellet production; Basic metals, comprising the production of non-ferrous minerals, including nickel, copper and aluminum; Fertilizers, including the production of potash, phosphate and nitrogen; and Logistic services, including cargo transportation for third parties divided into rail transport, port and shipping services.
?Put trade in MDT- put seller on deal closing
Shares of Medtronic, Inc. (MDT) are up .15 to 64.23 today. ?MDT is near the upper end of the 52 week range.
Today paper traded 7567 MDT Oct 24 Weekly 61.5 puts at .68.?
- The ADV is 7629 contracts.
- The OI is 49 contracts.
Volume went up in one large block.? The bid for puts dropped away after this trade and IV is down slightly.? MDT is acquiring COV and this trade is a bet that the deal goes through.
- 30-day implied volatility is 19%.
- 10-day implied volatility is 19%.
- 30 day implied volatility is trading at the 10 realized volatility
Medtronic, Inc. (Medtronic) is a medical technology company. The Company provides products and therapies for use by medical professionals to meet the healthcare needs of their patients.