14500 XOP Mar10 37 puts went up in 1 block on the ARCA.?
Shares of SPDR S&P Oil and Gas (XOP) are down 1.15 to 36.42. XOP is near the middle of the 52 week range.
- Paper traded 14500 XOP Mar10 37 puts for .15.?
- The ADV is 76k contracts.? ?
- The open interest is 2356.
The volume went up in 1 block on the ARCA.? Total strike volume is over 60000 contracts where most of the puts traded through the bid at the time.? May 33 and 36 puts traded and again much of the volume was through the bid.? It is possible some of the spreads were a roll down but the huge volume looked sale and for now is wrong.
- IV 30 is trading for 29%.?
- HV10 is trading for 27%.?
- IV 30 is above the HV 10.
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index.