Calls trade in WTI- size calls trade ATM
Shares of W&T Offshore, Inc. (WTI) are down .16 to 5.52 today.? WTI is near the bottom of the 52 week range.
Paper traded 6000 WTI Apr 5 calls for 1.25.?
- The ADV is 210 contracts.
- The OI is 36 contracts.
The volume went up in 1 block.? The trade went up right in the middle of a .75 wide market but closer to the bid.? Paper like this is consistent with a buy write as the yield would be near 15% to Apr expiration.
- IV 30 is trading for 97%.
- HV10 is trading for 31%.
- IV 30 is trading above the HV 10.
W&T Offshore, Inc. (W&T) is an independent oil and natural gas producer, engaged in the acquisition, exploration and development of oil and natural gas properties primarily in the Gulf of Mexico and Texas
Put buyers in NLSN- looking puts and stock
Shares of Nielsen Holdings NV (NLSN) are up 1.23 to 45.09 today. ??NLSN is near the middle of the 52 week range.
Paper traded 1000 NLSN Feb 45 puts for 1.50 today. ?
- The ADV is 324 contracts.
- The OI is 165 contracts.
The volume went up in 1 large block.? Stock volume printed 50000 shares for 44.75 so the buywrite was tied to stock.? The stock went up way below the bid so the customer here could be selling puts and stock even as the puts went up on the offer.? Earlier prints were taken down with half of the original volume trading.
- IV 30 is trading for 24%.
- HV10 is trading for 16%.
- IV 30 is trading above the HV 10.
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is the Netherlands-based information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior.
Calls trade in KBH- searching for yield
Shares of KB Home (KBH) are down .04 to 11.89 today.? KBH is trading at the low end of the 52 week range.
Paper traded 4128 KBH Feb 12 calls at .45.?
- The ADV is 6988 contracts. ?
- The OI is 866 contracts.
The volume went up in 1 giant block.? This is consistent with call buy-writing activity with KBH paying a .025 dividend in the cycle.? The ATM call sale is a 3% yield for a 1 month carry.
- IV 30 is trading for 38%.
- HV10 is trading for 104%.
- IV 30 is trading under the HV 10.
KB Home is a homebuilding company which is engaged in construction and sale of homes, townhomes and condominiums. The Company operates a homebuilding and financial services business serving homebuyers in various markets across the United States.