20000 Nov 22 calls went up in one block on the AMEX w/ 720,000 shares trading tied to options
Shares of Swift Transportation Co (SWFT) are up .49 to 20.53.? SWFT is near the lower end of the 52 week range.
- Paper traded 20000 Nov 22 calls for .90. ?
- The ADV is 2884 contracts.?
- The OI is near 295 contracts.
The volume went up in one block on the AMEX marked spread. ?Stock trading 720000 shares for 20.25 went up marked tied to options.? The trader is most likely backspreading a big move to come in SWFT.? They would like to see a big move up or down.
- IV 30 is trading 43%.?
- HV10 is trading for 44%.?
- IV 30 is trading below the HV 10.
Swift Transportation Company (Swift Transportation Co.) is a multi-faceted transportation services company, operating the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, which consists of one way movements over irregular routes throughout the United States Mexico and Canada; Dedicated, through which, the Company devotes use of equipment to specific customers and offers tailored solutions under long-term contracts; Central Refrigerated, which represents the core operations of Central and primarily consists of shipments for customers that require temperature-controlled trailers, and Intermodal segment, which includes revenue generated by moving freight over the rail in the Company’s containers and other trailing equipment, combined with revenue for drayage to transport loads between the railheads and customer locations.