Shares of Host Hotels and Resorts Inc. are up .12 to 20.64 today. HST is near the 52-week high.
Today paper traded 5407 HST Apr 21 calls for .30.? The ADV is 1429 contracts.? The OI is 189 contracts.
The volume went in one huge block.? Trade for the day has passed 15k contracts with IV up 13 points to 32% in Apr.? The trade is very aggressive considering earnings are on May 1.? There is very large OI on the 20 strike and this paper is call buying.? Odd paper for a REIT to be such an aggressive buyer of OTM calls.
30-day implied volatility is 28%.?? 10-day implied volatility is 18%.? 30-day implied volatility is trading above the 10-day historical volatility.
Host Hotels & Resorts, Inc. (Host Inc.), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT.