4000 TUP Oct 65 puts went up in two large blocks on the ARCA marked spread.?
Shares of Tupperware Brands Corp (TUP) are up .59 to 64.53 today. TUP is making a 52 week high.
- Paper 4000 TUP Oct 65 puts for 4.10.
- The ADV is 803 contracts.?
- The OI is 138 contracts.
The volume went up in two large blocks on the ARCA marked spread.? 250K shares of stock went up with the puts and as priced appears to be a delta neutral block trade.? This trader is looking for a giant move up in the Oct cycle.
- IV 30 is trading for 23%.?
- HV10 is trading for 15%.?
- IV 30 is trading at the HV 10.
Tupperware Brands Corporation is engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Company’s segments are Europe, Asia Pacific, Tupperware North America, Beauty North America and South America.