The Options Insider

Size Near-Term GLD Put Buyers Take Advantage of Low OI

by | May 4, 2016 | Unusual Activity

12080 GLD May 13 Weekly 122 puts went up in one block on the ISE on auto ex.?

GLD

Shares of SPDR Gold Trust (GLD) are down 1.29 to 121.68 today. ?GLD is near the upper end of the 52 week range.

  • Paper traded 12080 GLD May 13 Weekly 122 puts for 1.35. ?
  • The ADV is 225k contracts.? ?
  • The open interest is 546 contracts.?

The volume went up in one block on the ISE on auto ex.? Size put buyers today in GLD with some spread action as well.? The trade as priced is straight bearish and up .20 as of this post.

  • IV 30 is trading for 17%.?
  • HV10 is trading for 15%.?
  • IV 30 is above the HV 10.

SPDR Gold Trust (the Trust) is an investment trust. The Trust’s business activity is investment in gold. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the expenses of the Trust’s operations.