1107 FIG Mar 8.82 calls and 506 FIG Mar 7.82 puts in 2 blocks.? Volume on the strikes is well over 10k contracts as buyers jump into the strangle.?
Calls and Puts trade in VRX- possible straddle sale
Shares of Valeant Pharmaceuticals Intl. (VRX) are up 22.53 to 195.77 today.? VRX is making a 52 week high today.
Paper traded 1000 VRX Mar 190 put/ Mar 200 call at 4.40 and 3.60.
- The ADV is 5131 contracts.
- The open interest is 0 contracts.
The volume went up in two blocks marked spread.? IV in Mar is down slightly even with the big move in the underlying stock.? The trade went up at $8 with the current bid now $7.70 so the after trade pricing is consistent with a straddle sale.?
- IV 30 is trading for 30%.
- HV10 is trading for 19%.
- IV 30 is trading above the HV 10.
Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products.
Big straddle buyers in FIG- Strangle buyers jumping in
Shares of Fortress Investment Group (FIG) are up .11 to 8.13 today.? FIG is near the high end of the 52 week range.
Paper traded 1107 FIG Mar 8.82 calls and 506 FIG Mar 7.82 puts for .30. ??
- The ADV is 756 contracts.
- The OI is 579 and 254 contracts.
The volume went up in 2 blocks.? Volume on the strikes is well over 10k contracts as buyers jump into the strangle.? The paper on balance is paying up for the strangle and are expecting a large move through earnings.? Some of the trade on the strikes is marked spread.
- IV 30 is trading for 44%.
- HV10 is trading for 31%.
- IV 30 is trading above the HV 10.
Fortress Investment Group LLC (Fortress) is a diversified investment management firm. The Company is engaged in sponsoring the formation of, and providing investment management services for, various investment funds and companies, including related managed accounts (Fortress Funds).
Put buyers in CYH- Mar put buyers are out in force
Shares Community Health Systems (CYH) are down 1.79 to 47.68 today. CYH is near the middle of the 52 week range.
Paper traded 3462 CYH Mar 50 put for 3.00 today. ?
- The ADV is 932 contracts. ?
- The OI is 2513 contracts.
The volume went up in one block sweeping the ISE. Over 4000 puts have traded on that strike with paper buying the Mar 49 puts as well.? The rush of put buying caused a spike in IV to 36.88 today up 2.23 points.? The stock is near the same place where most of the put buying took place.
- IV 30 is trading for 53%.
- HV10 is trading for 22%.
- IV 30 is trading over the HV 10.
Community Health Systems, Inc. is an operator of hospitals in the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. The Company operates in two distinct operating segments: hospital operations and home care agencies operations.