1043 FCAU Jan20 10 puts went up in one block on the PHLX on a sweep.

FCAU

Shares of Fiat Chrysler Auto NV (FCAU) is down 1.35 to 9.74 today.? FCAU is near the upper end of the 52 week range.

  • Paper traded 1043 FCAU Jan20 10 puts for 15. ?
  • The ADV is 7196 contracts.? ?
  • The open interest is 573 contracts.

The volume went up in one block on the PHLX on a sweep. Over 20k puts traded with most of the paper buying them as FCAU headed for a 13% loss today.? The puts are trading .60 as of this writing so the trader really got in front of the news.

  • IV 30 is trading for 59%.?
  • HV10 is trading for 32%.?
  • IV 30 is above the HV 10.

FCAU is global automotive company.