Unusual Options Trading Activity Alert: Big ratio spread goes up in AAPL,? a working call buyer in GRMN, and calls trading in PBPB
Calls Trade In AAPL- Big Ratio Spread Goes Up
Shares of Apple Inc. (AAPL) are down 3.64 today to 99.68.? AAPL is near the 52 week high.
Today paper traded 14715/29430 AAPL Sep 104/107 call spread for .22?
- The ADV is 902k contracts.?
- The OI is 12181 and 3042 contracts.
Volume went up in 2 large blocks.? The trade hit the tape through the offer on the Sep 104 calls and midmarket on the 107s.? The trader is trying to buy some potential upside for small dollars going into the AAPL product announcement.? The trade is short volatility so a move up would be very positive if the IV slides down.
- 30-day implied volatility is 31%.??
- 10-day implied volatility is 9%.?
- 30 day implied volatility is trading above the 10 realized volatility.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.
Calls Trade In GRMN- Looks Like A Working Call Buyer
Shares of Garmin Ltd. (GRMN) are down .12 to 53.79.? GRMN is near the middle of the 52 week range.
Today paper traded 5437 GRMN Sep 55 calls for .47.?
- The ADV is 3061 contracts.?
- The OI is 1633 contacts
Volume went up in 1 block.? The Sep 55 calls traded at lower price with paper steadily bidding them up from .41.? The .47 block went up after several hundred contracts bid up the price.? The current price as of this post is .52 bid with the IV up 3 points in Sep.
30-day implied volatility is 25%.?? 10-day implied volatility is 28%.? 30 day implied volatility is trading below the 10 realized volatility
Garmin Ltd. (Garmin) is a provider of navigation, communication and information devices and applications, which are enabled by global positioning system (GPS) technology.
Calls Trade In PBPB
Shares of Potbelly Corp. (PBPB) are up .10 to 12.29 today.? PBPB is near the bottom of the 52 week range.
Today paper traded 731 PBPB Oct 14 calls for .25.
- The ADV is 1613 contracts.?
- The OI is 129 contracts.
Volume went up in one block.? 3854 calls traded so far on the day with paper mostly buying.? The traders are looking for a short term pop in this stock.
- 30-day implied volatility is 47%.??
- 10-day implied volatility is 24%.?
- 30 day implied volatility is trading above the 10 realized volatility
Potbelly Corporation is a neighborhood sandwich concept offering toasty warm sandwiches, signature salads and other fresh menu items. Its sandwiches, salads and hand-dipped milkshakes are all made fresh to order and its cookies are baked fresh each day.