2247 GLNG Jan2017 10 puts went up in 1 block on the PHLX.?
Shares of Golar LNG LTD (GLNG) are up 23.37 today. GLNG is near the middle 52 week range.
- Paper 2247 GLNG Jan2017 10 puts for .35.?
- The ADV is 4418.?
- The OI is over 60k contracts.
The volume went up in 1 block on the PHLX.? This block of puts was bought on the offer as part of 6000+ trading today both ways.? 60000+ puts trade yesterday as a jump in the stock price brought in put traders.? There is a cage match at the 10 strike so the buyers must be looking at protecting other security as a $10 OTM is poor hedge for stock.
- IV 30 is trading for 67%.?
- HV10 is trading for 39%.?
- IV 30 is above the HV 10.
Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, and liquefaction and trading of LNG.