6000/3000 BBBY Aug 62.5/67.5 puts went up in two blocks on the PHLX.?

Puts trade in BBBY- ratio put spreads trade

?BBBY

Shares of Bed Bath and Beyond are down .19 to 69.58.? BBBY is near the middle of the 52 Week range.

  • Paper traded 6000/3000 BBBY Aug 62.5/67.5 puts for 1.06 and 2.67.
  • The ADV is 5466 contracts.
  • The OI is 2198 and 50 contracts.

The volume went up in two blocks on the PHLX.? BBBY IV is dropping today as the put seller added some contracts to liquidity.? This trader is betting on a slow slide down on this opening trade.

  • IV 30 is trading for 18%.
  • HV10 is trading for 16%.
  • IV 30 is trading above the HV 10.

Bed Bath & Beyond Inc. and subsidiaries is a retailer which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market).

 

Calls trade in MT- upside call buying

MT

 

Shares of ArcelorMittal SA (MT) are up .57 to 11.53 today. ??MT is in the middle of the 52 week range.

  • Paper traded 9500 MT Jun 12 calls for .47.
  • The ADV is 3533 contracts.
  • The OI is 5456 contracts.

The volume went up in 1 block marked Price Variation on the AMEX. ?Usually stock goes up with a price variation trade and a block went up out of sequence.?? There could be stock against these calls but it is not evident on Time and Sales.

  • HV10 is trading for 32%.
  • IV 30 is trading 36%.
  • IV 30 is trading below the HV 10.

ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. Its divisions include Flat Carbon Americas; Flat Carbon Europe, Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States (CIS) (AACIS), and Distribution Solutions.

 

Calls trade WMB- call rollers

?WMB

Shares of Williams Companies Inc. (WMB) are down .13 to 53.09 today.? WMB is in the middle of the 52 week range.

  • Paper traded 6130 WMB May 52.5 calls over Jul 55 calls for .23.
  • The ADV is 26063 contracts. ?
  • The OI is 26063 and 21010 contracts.

The volume went up in several blocks marked spread on the PHLX. WMB is moving back up from recent lows and this looks like a serial buy writer rolling out to Jul after the recent spike.? The trade looks closing in May to sell Jul.

  • IV 30 is trading for 24%.
  • HV10 is trading for 42%.
  • IV 30 is below the HV 10.

The Williams Companies, Inc. is an energy infrastructure company focused on connecting North America?s significant hydrocarbon resource plays to growing markets for natural gas, NGLs, and olefins.