See what we did there? CLD calls??This is a buyer looking for a quick strike in CLD.? IV is up sharply in Nov so buyers are still jumping in.
Call buyers in CLD- scattered paper buying up CLD calls
Shares of Cloud Peak Energy (CLD) are up .62 to 12.74 today.? CLD is near the bottom of the 52 week range.
Today paper traded 807 CLD Nov 12.5 calls for .55.?
- The ADV is 348 contracts.
- The OI is 220 contracts.
Volume went up in 1 block.? The trade went up near the offer with follow up paper paying higher prices to .60.? This is a buyer looking for a quick strike in CLD.? IV is up sharply in Nov so buyers are still jumping in.
- 30-day implied volatility is 44%.
- 10-day implied volatility is 69%.
- 30 day implied volatility is trading above the 10 day realized volatility
Cloud Peak Energy Inc. (CPE Inc.) is a holding company that manages its wholly owned subsidiary Cloud Peak Energy Resources LLC (CPE Resources). It is the producer of coal in the United States and in the Powder River Basin. During the year ended December 31, 2011, the Company?s coal sales were 98.7 million tons.
Call traders in OWW- possible ratio spread
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Shares of Orbitz Worldwide, Inc. (OWW) are trading down .14 to 8.45 today.? OWW is near the middle of the 52 week range.
Today paper traded 7000/3500 OWW Nov/Dec 10 call spreads for a .025 credit.?
- The ADV is 1009 contracts.
- The OI is 19281 and 102 contracts.
Volume went up in 3 blocks.? The trade went up as a ratio spread where the customer sold twice as many Nov as they bought Dec.? This could be an opportunity to close the Nov?s and roll in to Dec for more time and game a rise from earnings.
- 30-day implied volatility is 74%.
- 10-day implied volatility is 27%.
- 30 day implied volatility is trading above the 10 day realized volatility
Orbitz Worldwide, Inc. is a global online travel company (OTC) that uses technology to enable leisure and business travelers to research, plan and book a range of travel products and services.
Combos trade in JBHT- small dollar possible strangle
Shares of JB Hunt Transport Services (JBHT) are down 1.21 to 80.79 today.? JBHT is near the top of the 52 week range.
Today paper traded 2500 JBHT Nov 80 puts over Dec 85 calls for 1.75.
- The ADV is 449 contracts.
- The OI is 53 and 0 contracts.
Volume went up in 2 blocks.? Over 3000 contracts traded on these strikes with the trade going up marked spread and straddle.? It is possible that the customer(s) are trying to play a short term move to the downside with an upside call for protection or run into the end of the year.? With the IV slightly bid the customer is paying around 1.75 for the strangle.
- 30-day implied volatility is 20%.
- 10-day implied volatility is 15%.
- 30 day implied volatility is trading above the 10 day realized volatility
J.B. Hunt Transport Services, Inc. (JBHT) is a holding company and together with its wholly owned subsidiaries, operates as a surface transportation and delivery services to a diverse group of customers and consumers throughout the continental United States, Canada and Mexico.