3648 PVH Mar 65 puts and 3216 PVH Mar 75 calls went up in 2 blocks on the AMEX.?

PVH

Shares of PVH Corp (PVH) are down .48 to 72.90 today.? PVH is near the lower end the 52 week range.

  • Paper traded 3648 PVH Mar 65 puts and 3216 PVH Mar 75 calls for 1.15 over 3.00 ?
  • ?The ADV is 742 contracts.?
  • ?The open interest is less than 600 contracts.

The volume went up in 2 blocks on the AMEX.? Total volume is over 4000 contracts per strike with paper lifting the offer on the May 75 calls.? This looks like a bounce play on PVH from the year lows.

  • IV 30 is trading for 37%.?
  • HV10 is trading for 44%.?
  • IV 30 is below the HV 10.

PVH Corp. is an apparel company. The Company’s brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner’s, Olga and Eagle, which are owned brands, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection, Chaps, Donald J. Trump Signature Collection, DKNY, Nautica, Ted Baker, J. Garcia, Claiborne, Ike Behar, Jones New York and Ryan Seacrest, which are licensed, as well as various other licensed and private label brands.