7873 KRE Sep16 43.5 calls went up in one block on the CBOE on a price variation tag.?
Shares of SPDR KBW Regional Banking ETF (KRE) are down .14 to 2.62 today.? ?KRE is near the upper end of the 52 week range.
- Paper traded 7873 KRE Sep16 43.5 calls for .35.?
- The ADV is 12163 contracts.?
- The OI is 168 contracts.
The volume went up in one block on the CBOE on a price variation tag.? The trade could be part of a package that sold the Sep09 43 calls as well.? The Sep16 43.5s traded on the offer so this could be some kind of diagonal spread since they went up on the same exchange.
- IV 30 is trading for 24%.?
- HV10 is trading for 14%.?
- IV 30 is trading above the HV 10.
SPDR KBW Regional Banking ETF, formerly SPDR S&P Regional Banking ETF, seeks to closely match the returns and characteristics of the S&P Regional Banks Select Industry Index. Its approach is designed to provide portfolios with low portfolio turnover, tracking, and lower costs. As of October 27, 2011, the Company?s holding included Privatebancorp Inc, Webster Finl Corp Conn, Umpqua Hldgs Corp, Firstmerit Corp, East West Bancorp Inc, Fifth Third Bancorp, Fnb Corp Pa, Susquehanna Bancshares Inc and Keycorp New and First Rep Bk San Fran Cali. As of October 27, 2011, its sector allocation included regional banks. SSgA Funds Management, Inc.(SSgA FM) serves as the investment adviser it.