271 GGP Sep 27 puts went up in one block on the BATS

GGP

Shares of General Growth Properties Inc (GGP) are up .07 to 29.23.? GGP is near the upper end of the 52 week range.

  • Paper traded 271 GGP Sep 27 puts for .22. ?
  • The ADV is 3721contracts.? ?
  • The open interest is 2365 and 2226 contracts.

The volume went up in one block on the BATS.? 5620 Sep 27 puts traded with over 7500 Sep 28 puts trading as well.? As of this writing the puts are trading at those same levels so not much has happened yet.? The volume is way over the OI so most of these look like a speculative buy.? There were some large blocks and scattered smaller blocks but the paper looks bearish.

  • IV 30 is trading for 22%.?
  • HV10 is trading for 21%.?
  • IV 30 is above the HV 10.

General Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through operation, development and management of retail and other rental properties segment.