The Options Insider

Puts Trade In VIX – Giant Block Goes Up

by | Apr 10, 2015 | Unusual Activity

Puts Trade In VIX- Giant Block Goes Up

VIXThe CBOE Volatility index (VIX) is down .26 to 12.83 today.? VIX is near the low end of the 52 week range.

  • Paper traded 91900 VIX Apr 1 puts for .11.?
  • The ADV is 408k contracts.?
  • The OI is 48763 contracts.???????

The volume went up in 1 huge block.? It looks as though the trader is betting on a close in VIX much closer to 12 than 13 as settlement looms on Wednesday.? The trade looks opening and the puts have traded .12 too on a smaller block.

  • IV 30 is trading for 69%.?
  • HV10 is trading for 59%.?
  • IV 30 is trading above the HV 10.????

The CBOE Volatility Index measures the implied volatility of the S&P 500 index options maintaining constant 30 day duration.

 

Puts Trade In FXI – Put And Stock Trade Going Up?

FXI

Shares of iShares FTSE/Xinhua China (FXI) are down .66 today to 50.47.? FXE is near the top end of the 52 week range.

  • Paper traded 30000 FXI Jul 45 puts for .99.
  • The ADV is 87633 contracts.?
  • The OI is 210 contracts.

The volume went up in 1 block marked buy write.? This trade is connected to stock on close to 770000 shares going up for 50.40.? The trader is looking for giant moves in FXI. Other blocks on this strike are going up as well with 45000 contracts on the day.

  • IV 30 is trading for 32.4%.?
  • HV10 is trading for 32.8%.?
  • IV 30 is at the HV 10.

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index).

 

Calls Fly In HAL- Massive Butterfly Goes UpHaliburton LogoShares of Halliburton Co. (HAL) are up .25 to 46.30.? HAL is near the lower end of the 52 week range.

  • Paper traded 10000/20000/10000 HAL Jan 2016 50/57.5/65 call butterflies for 1.15 .?
  • The ADV is 34133 contracts.??
  • The OI is 29456/1904/4026 contracts on the butterfly strikes. ? ?

The volume went up in 3 big blocks marked spread on the PHLX.? This trade has the 65 call wing printing above the market so the customer was most likely buying the butterfly.? They think HAL will make a slow recovery back to the mid-50s by Jan 2016 expiration.

  • IV 30 is trading for 27%.
  • HV10 is trading for 34%.
  • IV 30 is below the HV 10.

Halliburton Company is an oilfield services company. The Company is a provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas