28000/14000 BX Sep 26 calls and Sep 22 puts went up on the ARCA in 2 blocks.?
Shares of Blackstone Group (BX) are down .08 to 25.05 today.? BX is trading at the lower end of the 52 week range.
- Paper traded 28000/14000 BX Sep 26 calls and Sep 22 puts for .65 and .31.?
- The ADV is 11k.?
- The OI is 32216 on the calls and 16506 on the puts.
The trade went up on the ARCA in 2 blocks.? There is huge OI on the strikes so the trade is either a close like they don?t want the hedge anymore or adding more volume to an existing risk reversal.
- IV30 is 28% and HV10 is 35%.?
- The IV30 is trading at a discount to the HV10.
The Blackstone Group L.P. (Blackstone) is a global alternative asset manager. The Company’s alternative asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds and other multi-asset class strategies.