The Options Insider

Size KRFT OTM Calls Trade

by | Mar 11, 2015 | Unusual Activity

10000 KRFT Jun 67.5 calls went up in one block & IV in KRFT for the Jun cycle was up 2.6 points yesterday.?

Call buyers in KRFT- size OTM calls trade

?KRFT

Yesterday, shares of Kraft Foods Group Inc. (KRFT) are down .55 to 61.60.? KRFT is near the middle of the 52 week range.

  • Paper traded 10000 KRFT Jun 67.5 calls for .70.
  • The ADV is 5064 contracts.
  • The OI is 5382 contracts.

The volume went up in one block.? IV in KRFT for the Jun cycle was up 2.6 points.? This block trader is paid the offer for the Jun calls which are now .10 bid higher.? The trader is using the drop in KRFT to establish a long position.

  • IV 30 is trading for 22%.
  • HV10 is trading for 10%.
  • IV 30 is trading above the HV 10.

Kraft Foods Group, Inc. is a consumer packaged food and beverage company. The Company manufactures and markets food and beverage products, including refrigerated meals, refreshment beverages, coffee, cheese, and other grocery products, primarily in the United States and Canada, under a host of brands.

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Call traders in MPEL- possible time collar

?MPEL

Shares of Melco Crown Entertainment (MPEL) were down .68 to 21.42 yesterday.? MPEL is near the bottom of the 52 week range.

  • Paper traded 3000 MPEL Mar 21.5 calls for .70.
  • The ADV is 7233 contracts.
  • The OI is 22 contracts.

The volume went up in large block mid-market.? 3000 Jul 19 puts went up in MPEL just over 1 hr later mid-market.? With MPEL so low, this could be a way to finance the longer term puts by selling the short term call so the trader does not expect a bounce any time soon.? The calls and the puts are opening so this possible.? This could be against a long stock position as a way to pay for protection.

  • IV 30 is trading for 45%.
  • HV10 is trading for 49%.
  • IV 30 is below the HV 10.

Melco Crown Entertainment Limited (MPEL) is a developer, owner and operator of casino gaming and entertainment resort facilities in Asia.

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Puts trade in UUP- size opening put buyers

UUP?

Shares of Powershares DB US Dollar ETF (UUP) were up .22 to 26.02 yesterday. UUP is near the top of the 52 week range.

  • Paper traded 25000 UUP Mar 27 Weekly 25.5 puts for .07.
  • The ADV is 16301 contracts. ?
  • The OI is over 112 contracts.

The volume went up in one block near the middle.? Paper first lifted the .07 offer on these puts and kept buying them with the volume over 50000 contracts.? The trader is looking for a sharp pullback in UUP or is trying to hedge another position.

  • IV 30 is trading for 9.3%.
  • HV10 is trading for 7.9%.
  • IV 30 is above the HV 10.

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time.