9250 ITUB Sep 6 calls over Sep 5 puts went up in several blocks on the PHLX marked spread. ?
Shares of Itau Unibanco (ITUB) are up .29 to 6.59 today. ?ITUB is near the lower end of the 52 week range.
- Paper traded 9250 ITUB Sep 6 calls over Sep 5 puts for 1.10 and .325.?
- The ADV is 1861 contracts.?
- The OI is less than 300 contracts.
The volume went up in several blocks on the PHLX marked spread. ?The trade is most likely a bullish bet on the direction of ITUB.? This structure gets the trade into the stock for less cost and is very long the underlying.
- IV 30 is trading 44%.?
- HV10 is trading for 46%.?
- IV 30 is trading below the HV 10.
Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil. It operates in four segments: Commercial Bank-Retail, which offers a range of banking services for retail individuals or clients and for companies,