Over 10,000 TCK Oct14 18.5/21 call spreads went up in dozens of blocks on all exchanges marked spread.?
Shares of Teck Resources (TCK) are up .18 to 18.38 today. TCK is near the upper end of the 52 week range.
- Paper traded 758 TCK Oct14 18.5/21 call spreads for .80.?
- ADV is 10268 per day.?
- The OI is less than 20 contracts.
The volume went up in dozens of blocks on all exchanges marked spread..? 10k plus spreads went up for at various prices with the bent toward buying the spread. Investors look like they think the rally in TCK is going to keep going for the mid 2?s up above 18 this year.
- IV 30 is trading 64%.?
- HV10 is trading for 74%.?
- IV 30 is below the HV 10.
Teck Resources Limited is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company operates through five segments: steelmaking coal, copper, zinc, energy and corporate.