800 RH Mar calls and puts went up in 2 blocks on the PHLX.?
Shares of Restoration Hardware Inc. (RH) are down 14.25 to 37.65 today.? RH is making a 52 week low.
- Paper traded 800 RH Mar calls and puts at 1.60 and 3.00.?
- The ADV is 3885.?
- The OI is 20 and 651 contacts.
The volume went up in 2 blocks on the PHLX.? Over 3000 contracts traded on the strike with paper looking sell.? The bad earning pushed down RH and the trader is thinking the stock is dead money for a while.? The low OI suggest the straddle sale is opening.
- IV 30 is trading for 63%.
- HV10 is trading for 67%.?
- IV 30 is trading below the HV 10.
Restoration Hardware Holdings, Inc. (RH) is a holding company. The Company, together with its subsidiaries, is a luxury home furnishings retailer that offers various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and children’s furnishings. These products are sold through the Company’s stores, catalogs and Websites.