7000 GES Jun 15 puts went up in 7 blocks of 1000 contracts on the ISE.? GES reported solid earnings yesterday
Call traders in COP- rolling out to Apr
Shares of Conoco Phillips (COP) were down .92 to 67.72 yesterday.? ?COP is at the lower end of the 52 week range.
- Paper traded 10000/5000 COP Mar 63/Apr 65 call spreads for .24.
- The ADV is 27615 contracts.
- The OI is 11901 and 18552 contracts.
The volume went up in two blocks marked spread.? COP has hit a rough patch with the oil market and this call trader looks like they are exiting Mar for what they can get and roll to Apr looking for some more upside.? For now this looks like a down money roll as the trader has been moving from Mar into Apr.
- IV 30 is trading for 27%.
- HV10 is trading for 12%.
- IV 30 is trading above the HV 10.
ConocoPhillips is an independent exploration and production (E&P) company.
Call traders in FTR- possible pin play
Yesterday shares of Frontier Communications Corp (FTR) were down .15 to 7.37.? FTR is near the middle of the 52 week range.
- Paper traded 25000 FTR Mar 7 calls for .40.
- The ADV is 3776 contracts.
- The OI is 18 contracts.
The volume went up in 1 giant block on the PHLX.? These calls traded .03 over parity and did not trade with any marked stock.? This could be a pin play or the trader is looking to establish a short position at just over parity.? The trade does look bearish in nature.
- IV 30 is trading for 31%.
- HV10 is trading for 24%.
- IV 30 is above the HV 10.
Frontier Communications Corporation is a communications company. The Company is engaged in providing services predominantly to rural areas and small and medium-sized towns and cities in the United States.
Puts trade in GES- put trader closing out
Shares of Guess? Inc (GES) were up 2.59 to 19.53 yesterday. ??GES is near the low end of the 52 week range.
- Paper traded 7000 GES Jun 15 puts for .25.
- The ADV is 2139 contracts. ?
- The OI is 10854 contracts.
The volume went up in 7 blocks of 1000 contracts on the ISE.? GES reported solid earnings today and is jumping because of it.? The put trader is not taking chances and is closing the short put position now.? There was really no size rolled to other months so for now they are not getting back in.? There is some scattered put selling in other terms.
- IV 30 is trading for 31%.
- HV10 is trading for 35%.
- IV 30 is below the HV 10.
Guess?, Inc. (GUESS?) designs, markets, distributes and licenses apparel and accessories for men, women and children. The Company operates in five segments: Europe, North American Retail, Europe Asia, North American Wholesale and Licensing.