1180/2000 HOG Apr 60/62.5 calls went up in several blocks marked spread.?
Calls trade in OIH- reduced volume roll goes up
Shares the Market Vectors Oil Services ETF (OIH) are up .63 to 34.92 today. ?OIH is near the bottom of the 52 week range.
- Paper traded 10000/5000 OIH Apr 35/May 35 calls spreads for .20 today.
- The ADV is 22k contracts.
- The OI is 29k and 1954 contracts.
The volume went up in two blocks.? This trade has the customer most likely rolling to May to maintain a long position.? In this case the trader had to sell the Apr 45s through the posted bid to fill.? The trade is either a roll on less volume, but flat dollars, or a big front spread fading the move up in the oil sector today.
- IV 30 is trading for 26%.
- HV10 is trading for 16%.
- IV 30 is trading above the HV 10.
OIH is a rules-based index intended to track the overall performance of 25 of the largest U.S. listed, publicly traded oil services companies.
Calls trade in OUTR- opening calls spread buyer
Shares of Outerwall Inc. (OUTR) are up .25 to 65.81 today. ?OUTR is trading near the middle of the 52 week range.
- Paper traded 2000 OUTR May 70/80 call spreads for 2.00.
- The ADV is 1169 contracts.
- The OI is 462 and 136 contracts.
The volume went up in 2 blocks marked spread on the AMEX.? This trade went up mid-market but very close to the listed offer of 2.10.? The trader is most likely getting long the call spread and betting on decent earnings near the end of April.
- IV 30 is trading for 42%.
- HV10 is trading for 29%.
- IV 30 is above the HV 10.
Outerwall Inc, formerly Coinstar, Inc., is a provider of automated retail solutions, which offers convenient products and services. The Company’s offerings in automated retail include its Redbox business, where consumers can rent or purchase movies and video games from self-service kiosks (Redbox segment).
Calls trade in HOG- ratio call spreads trade
Shares of Harley-Davidson Inc. (HOG) are up .53 to 61.58 today. ??HOG is near the middle of the 52 week range.
- Paper traded 1180/2000 HOG Apr 60/62.5 calls for 1.41 (1 to 1).
- The ADV is 2756 contracts. ?
- The OI is less than 718 and 861 contracts.
The volume went up in several blocks marked spread.? Apr 62.5 calls traded through the offer and the way the ratio works out is that the customer takes in a large credit if HOG trades back below $60.? The trade is a ratio backspread looking for a down move or a power up move.? Strange bet prior to earnings.
- IV 30 is trading for 25%.
- HV10 is trading for 18%.
- IV 30 is above the HV 10.
Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS).



