17930 WMT Sep 72.5/75 calls spreads traded for .77. There is huge OI on the 75 strike but the calls traded through the bid.?
Shares Wal-Mart Stores, Inc (WMT) are up .76 to 72.73 today.? WMT is near the middle of the 52 week range.
- Paper traded 17930 WMT Sep 72.5/75 calls spreads for .77. ?
- The ADV is 29k contracts.? ?
- The open interest is 16401 and 70797 contracts.
The volume went up in 2 blocks on the PHLX.? There is huge OI on the 75 strike but the calls traded through the bid.? It is possible the trader is rolling down to reload closer to the money since WMT pulled back from $75 on the recent earnings run.? If this is straight opening it would be bullish as well.
- IV 30 is trading for 13%.?
- HV10 is trading for 17%.?
- IV 30 is above the HV 10.
Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world.