1710 SCHW Mar17 39 puts went up in 1 block on the ISE

SCHW

Shares of Charles Schwab Corp (SCHW) are down 1.74 to 39.99 today.? ?SCHW is near the top of the 52 week range.

  • Paper traded 1710 SCHW Mar17 39 puts for .55.?
  • The ADV is 5203 contracts.? ?
  • The open interest is 5118 contracts.

The volume went up in 1 block on the ISE.? Put covering seems to be the theme here as puts in all strikes with OI are getting covered today on the larger move down for SCHW.? The trades look like closing long delta positions.

  • IV 30 is trading for 26%.?
  • HV10 is trading for 19%.?
  • IV 30 is above the HV 10.

The Charles Schwab Corporation is a savings and loan holding company.