4000 EPD Oct 24 calls went up in 2 blocks on the ISE.?
Shares of Enterprise Products Partners (EPD) are up .01 to 23.49 today. ?EPD is near the bottom of the 52 week range.
- Paper traded 4000 EPD Oct 24 calls at .60-.65. ?
- The ADV is 3840 contracts.?
- The OI is 1 contract.
The volume went up in 2 blocks on the ISE.? The call sales look like a straight over writer or risk arb? with the EPD/WPZ deal getting done.? Either way the trader is not expecting a move too much higher than $24 in the short term.
- IV 30 is trading for 41%.?
- HV10 is trading for 51%.?
- IV 30 is trading below the HV 10.
Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals;