Shares of PBF Energy Inc (PBF) are up .22 to 31.93. ? PBF is near a 52 week high.
Today paper traded 13000 Sep 35 calls for 1.00 and 6500 PBF Sep 30 calls for 3.0-3.10.? The ADV is 781.? The OI is is 6754 on the 30s and 585 on the 35s contracts.
The volume went up in several blocks.? Most likely this is a close to open roll where the trader is taking profits on the 30s and rolling into the 35s.? All the 30s are marking sell so the client is moving up to the 35s.
?30-day implied volatility is 32%. ? 10-day implied volatility is 32%.? 30 day implied volatility is trading at the 10 Day Historical volatility.
PBF Energy Inc. (PBF Energy) is an independent petroleum refiners and suppliers of unbranded transportation fuels, heating oils, petrochemical feedstocks, lubricants and other petroleum products in the United States.?