4000 TGNA Jul21 26/28 call spreads went up in 1 block on the ARCA marked spread.?
Shares of Tegna Inc (TGNA) are down 1.74 to 24.05 today. ?TGNA is near the top of the range.
- Paper traded 4000 TGNA Jul21 26/28 call spreads for .30.?
- The ADV is 450 contracts.?
- The OI is 120 and 4021 contracts.
The volume went up in 1 block on the ARCA marked spread.? The trader appears to be rolling down the 28s to the 26s after the pullback in TGNA.? They would want to push the bullish trade closer to the money.
- IV 30 is trading for 27% ?
- HV10 is trading for 22%.?
- IV 30 is trading above the HV 10.
Tegna Inc. has a portfolio of media and digital businesses that provide content. The Company’s segments include TEGNA Media (Media) and TEGNA Digital (Digital).