6250/12250 SPX Mar 20 Weekly 1850 puts over 2200 calls went up in 2 giant blocks.? This ratio risk reversal is a close to even premium trade and a bet the market moves higher.?
Block of BYD call trade- buy and sell
Shares of Boyd Gaming Corp (BYD) are up .54 to 12.69 today.? BOYD is near the middle of the 52 week range.
Paper traded 5907 BYD Feb 13 calls for .60. ?
- The ADV is 2254 contracts.
- The OI is 42 contracts.
The volume went up in 1 large block.? Paper then showed selling 3940 contracts at .55.? Volume on the strike jumped to 14k+ contracts and the calls are now .70 bid.? The early buyer looks like they jumped on a news story.? The calls started trade in the low .40 range and paper stepped in to sell puts.? IV is up 4 points.
- IV 30 is trading for 44%.
- HV10 is trading for 37%.
- IV 30 is trading at the HV 10.
Boyd Gaming Corporation (Boyd Gaming), incorporated in June 1988, is a multi-jurisdictional gaming company. The Company is an operator of 16 wholly owned gaming entertainment properties and one controlling interest in a limited liability company.
Combos in SPX- ratio combos trade
The S&P 500 Index (SPX) is down 7 points to 2083 today. ??SPX is near the top of the 52 week range.
Paper traded 6250/12250 SPX Mar 20 Weekly 1850 puts over 2200 calls for .35. ??
- The ADV is 1 million contracts.
- The OI is 92k for both strikes.
The volume went up in 2 giant block.? This ratio risk reversal is a close to even premium trade and a bet the market moves higher.? The volume is trading in the middle but it has all of the hallmarks of a net 0 debit bullish risk reversal.? Check the OI to see if this is unwinding but it looks like more of the same.
- IV 30 is trading for 12%.
- HV10 is trading for 16%.
- IV 30 is trading under the HV 10.
The S&P 500 Index (SPX) is a market cap index tracking the top 500 companies compiled by Standard and Poor?s.
Put ratios trade in CLH- Xmas trees go up
Shares of Clean Harbors Inc. (CLH) are down 2.28 to 48.54. ??CLH is near the bottom end of the 52 week range.
Paper traded 1500/1500/2772 CLH Apr 40/45/50 put trees for 1.90.?
- The ADV is 638 contracts. ?
- The OI is less than 500 contracts for all 3 strikes.
The volume went up in 3 blocks.? There is additional trade on the 50 put strike so the put tree is closer to contract even.? The trader is looking for a slide down but wants the downside puts to pay for some of the Apr 50 puts.? The trade is bearish in nature.
- IV 30 is trading for 35%.
- HV10 is trading for 32%.
- IV 30 is trading over the HV 10.
Clean Harbors, Inc. (Clean Harbors) is a provider of environmental, energy and industrial services throughout North America. The Company operates through four business segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services.