1750 HOT Mar 90 calls went up in one block, sweeping exchanges with paper getting filled mid-market.?
Calls trade in HOT- early smart call buyers
Shares of Starwood Hotels & Resorts (HOT) are up .54 to 80 today.? HOT is near the top of the 52 week range.
Paper traded 1750 HOT Mar 90 calls for 1.48.?
- The ADV is 2124 contracts.
- The open interest in 970 contracts.
The volume went up in one block.? Volume swept multiple exchanges with paper getting filled mid-market.? There was a variety of prices but most of the paper looked buy as the bid for the options went up.? The calls are now $2 bid and 6278 have traded on the day with the IV up 2 full points.? Trade is pointing bullish.
- IV 30 is trading for 25%.
- HV10 is trading for 43%.
- IV 30 is trading above the HV 10.
Starwood Hotels & Resorts Worldwide, Inc. (Starwood) is hotel and Leisure Company. Starwood is an owner, operator and franchisor of hotels, resorts and residences with under the brands St. Regis, The Luxury Collection, W, Westin, Le Meridien, Sheraton, Four Points, Aloft, and Element.
Calls trading in EWJ- heavy call buying
Shares of iShares MSCI Japan (EWJ) are up .07 to 12.30 today.? EWJ is making a 52 week high.
Paper traded 13074 EWJ Apr 02 Weekly 12.5 calls for .18. ??
- The ADV is 14457 contracts.
- The OI is 70938 contracts.
The volume went up in one block.? Total volume on the strike is 29k plus contracts with IV up .5 point today.? This could be closing paper but with EWJ making new highs there is the possibility the customer is adding.? This is worth checking the OI on Monday.
- IV 30 is trading for 17%.
- HV10 is trading for 14%.
- IV 30 is trading above the HV 10.
iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index).
Call buyers cause a RKUS- size call buying in Aug
Shares of Ruckus Wireless Inc. (RKUS) are up .67 to 11.52 today. RKUS is near the middle of the 52 week range.
Paper traded 14787 RKUS Aug 15 calls for .50-.70. ?
- The ADV is 482 contracts. ?
- The OI is 28 contracts.
The volume went up in small lots. The opening market of .25-.50 was lifted quickly has unfilled bid sat on the book.? Paper started to pay up for these calls driving the IV up 10 points in the near term and 3 points in the Aug cycle.? Most of the paper in the name today is looking bullish.
- IV 30 is trading for 53%.
- HV10 is trading for 22%.
- IV 30 is trading over the HV 10.
Ruckus Wireless, Inc. (Ruckus) is a provider of Wi-Fi solutions. The Company?s solutions, which it calls Smart Wi-Fi, are used by service providers and enterprises to solve network challenges. The Company?s products include gateways, controllers and access points. These products incorporate its technologies, including Smart Radio, Smart QoS, Smart Mesh, SmartCell and Smart Scaling.