The Options Insider

Size Near-Term Put Seller in MOS

by | Apr 6, 2015 | Unusual Activity

10000 MOS Apr 45 puts went up in one block hitting the bid.?

Puts trade in MOS- size near term put seller

?MOS

Shares Mosaic Co (MOS) are down .39 to 45.49 today. ?MOS is near the middle of the 52 week range.

  • Paper traded 10000 MOS Apr 45 puts at .54.
  • The ADV is 5702 contracts.
  • The OI is 12314 contracts.

The volume went up in one block hitting the bid.? MOS is trading flatter recently and this trader is putting on what looks like a 30 delta hedge with the short put.? Stock of size (300000 shares) went up marked derivative with these puts and either the trader is closing a put position for lack of movement recently or is playing a quiet period into earnings.? Either way the trader looks like they are expecting less movement.

  • IV 30 is trading for 25%.
  • HV10 is trading for 24%.
  • IV 30 is trading above the HV 10.

The Mosaic Company (Mosaic) is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a single source supplier of phosphate-and potash-based crop nutrients and animal feed ingredients.

 

 

Calls trade in SLCA- call roller going up

?SLCA

Shares of US Silica Holding Inc. (SLCA) are up .27 to 35.96 today. ?SLCA is trading nearer the lower end of the 52 week range.

  • Paper traded 5000 SLCA Sep 38/40 call spread for $1.00.
  • The ADV is 4011 contracts.
  • The OI is 5111 contracts.

The volume went up in 2 blocks marked spread.? This trade appears to be a roll up of the Sep 38 calls to the Sep 40 calls.? UA covered a risk reversal in this name (02/27/2015) and at the time paper sold the 38 calls. SLCA is up $5 from there and the customer is looking for more upside by rolling the short strike to the 40s.

  • IV 30 is trading for 58%.
  • HV10 is trading for 35%.
  • IV 30 is above the HV 10.

U.S. Silica Holdings Inc. is a producer of industrial minerals. The Company produces sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay and aplite clay.

 

 

Calls trade in COP- calls trade through the bid in size

?COP

Shares of Conoco Phillips (COP) are up 1.06 to 64.24 today. ??COP is near the lower end of the 52 week range.

  • Paper traded 15000 COP Apr 65 calls at .60.
  • The ADV is 23k contracts.
  • The OI is less than 26052 contracts.

The volume went up in 1 block through the bid.? COP is still near the low end of the range and this trade went up with 450000 shares of stock.? Based on pricing the trader is taking a very aggressive line on the recent oil rally by selling calls and stock through the bid.?? The trade could be a close from a lesser delta (33%) as the move up generated enough positive deltas to warrant a close.? This is one to check the OI tomorrow.

  • IV 30 is trading for 23%.
  • HV10 is trading for 22%.
  • IV 30 is above the HV 10.

ConocoPhillips is an independent exploration and production (E&P) company. The Company manages its operations through six segments across the globe.