1650 BK Mar31 44 and 44.5 puts went up ?on the AMEX.?

BK

Shares of Bank of New York Mellon Corp (BK) are down .11 to 46.14 today.? BK Is near the upper end of the 52 week range.

  • Paper traded 1650 BK Mar31 44 and 44.5 puts for.19 and .21. ??
  • The ADV is 3168 contracts.? ?
  • The open interest is 6 and 0 contracts.

The volume went up in one block on the AMEX.? Two other strikes went up at slightly different times and out of sequence.? It appears the customer rolled out of the Mar31 46.5 puts earlier today and into the Mar31 44 and 44.5 puts that are posted here. This could be a house money roll down but the more OTM put purchases are down money as of this print.

  • IV 30 is trading for 22%.?
  • HV10 is trading for 12%.?
  • IV 30 is at the HV 10.

The Bank of New York Mellon Corporation is an investments company. The Company operates businesses through two segments: Investment Management and Investment Services. The Company also has an Other segment, which includes the leasing portfolio, corporate treasury activities (including its investment securities portfolio), derivatives and other trading, corporate and bank-owned life insurance and renewable energy investments, and business exits. As of December 31, 2016, the Company had $29.9 trillion in assets under custody and/or administration and $1.6 trillion in assets under management