10000 CY Mar17 13 calls went up in 1 block on the PHLX marked buy write.
Shares of Cypress Semiconductor (CY) are down 05 to 12.36 today.? CY is near the top of the 52 week high.
- Paper traded 10000 CY Mar17 13 calls for .45. ?
- The ADV is 6359 contracts.? ?
- The open interest is 5879 contracts.
The volume went up in 1 block on the PHLX marked buy write. 400000 shares of CY traded concurrent with the calls so it is likely a delta neutral trade went up.? The trader is looking for a big move on the earnings and afterward in CY.? Scattered call buyers followed.
- IV 30 is trading for 39%.?
- HV10 is trading for 34%.?
- IV 30 is above the HV 10.
Cypress Semiconductor Corporation delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices. The Company’s segments include Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division.