10000 EBAY Oct 62.5/70 call spreads and 52.5 puts went up in 3 blocks mid-market.?
Put sellers in OIL
Shares of iPath S&P GSCI Crude Oil ETF (OIL) are down .19 to 9.50 today.? OIL is making a 52 week low today.
- Paper traded 48400 OIL Jun 8 puts for .35.
- The ADV is 6953 contracts.
- The OI is 14237 contracts.
The volume went up in one block between the markets.? This OIL put trade comes on the heels of a size put buyer of the Jun 9 puts.? This could be the customer legging into the OIL Jun 8/9 put spread for a slight credit.? Also is a signal of the low end for the move in OIL.
- IV 30 is trading for 58%.
- HV10 is trading for 35%.
- IV 30 is trading above the HV 10.
iPath S&P GSCI Crude Oil Total Return Index ETN is a sub-index of the S&P GSCI Commodity Index. The S&P GSCI Crude Oil Total Return Index reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate (WTI) crude oil futures contract plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts.
Calls trade in EEM? size near the money call buying
Shares of iShares MSCI Emerging Markets ETF (EEM) are up .18 to 38.94.? EEM is near the bottom of the 52 week range.
- Paper traded 33657 EEM Mar 39.5 calls for .14.
- The ADV is 248k contracts.
- The OI is 33657 contracts.
The volume went up in 1 large block taking the offer.? EEM is moving up today and is trading well off the highs for the year as Brazil and Russia are hovering near lows. This call buyer is looking for a short term boost in EEM of at least 2% through this week.
- IV 30 is trading for 19%.
- HV10 is trading for 17%.
- IV 30 is above the HV 10.
iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).
Calls and puts trade in EBAY- size risk reversals going up
Shares of Ebay Inc. (EBAY) are down .23 to 59.33 today. ??EBAY is near the top end of the 52 week range.
- Paper traded 10000 EBAY Oct 62.5/70 call spreads and 52.5 puts for .40 debit.
- The ADV is 28000 contracts. ?
- The OI is less than 2000 contracts.
The volume went up in 3 blocks mid-market.? EBAY has made a run this year and this trader is looking for about 20% upside in EBAY with minimal dollar cost but maximum upside leverage.? They are taking the stock risk under $53 and appear to be betting on the Pay Pal carve out.
- IV 30 is trading for 22%.
- HV10 is trading for 20%.
- IV 30 is above the HV 10.
Bay Inc. is a global technology company. The Company enables commerce through three reportable segments: Marketplaces, Payments and Enterprise. The Company?s Marketplaces segment includes its core global ecommerce platform, ebay.com; other localized sites around the world such as eBay.de and eBay.co.uk; related commerce platforms, including its vertical shopping websites, such as StubHub, and its classifieds websites, such as Marktplaats.nl and mobile.de; and the Company?s advertising services business.