6038 CDW Apr 40 calls went up in one massive block marked spread.?

Call traders in CDW ? upside call buyers jump in

CDW

Shares of CDW Corp (CDW) are up .65 to 37.97 today. ?CDW is trading near the top of the 52 week range.

  • Paper traded 6038 CDW Apr 40 calls for .35.
  • The ADV is 765 contracts.
  • The OI is 94 contracts.

The volume went up in one massive block marked spread.? Stock went up on 98000 shares concurrent with the options make this an opening ratio call trade.? The trader is looking for a large move.

  • IV 30 is trading for 26%.
  • HV10 is trading for 21%.
  • IV 30 is trading above the HV 10.

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. CDW’s range of offerings range from discrete hardware and software products to integrated IT solutions, such as mobility, security, data center optimization, cloud computing, virtualization and collaboration.

 

Calls trade in ADT- ratio buy writes go up

ADT

Shares of ADT Corp (ADT) are up 1.03 to 40.40.? ADT is near the top of the 52 week range.

  • Paper traded 5000 ADT May 45 calls for .55.
  • The ADV is 2852 contracts.
  • The OI is 0 contracts.

The volume went up in 1 block marked buy write.? ADT is trading at the top of the range and this looks like a short stock/long call play.? The client had to pay up for the calls and sold stock .10 below the market at the time to put up this size.? The trader looks like they want a trade with some upside potential.

  • IV 30 is trading for 26%.
  • HV10 is trading for 31%.
  • IV 30 is below the HV 10.

The ADT Corporation (ADT) is a provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada.

 

Calls roll in HON- buy writers rolling

HON

Shares of HON are up 2.16 to 105.18 today. ??HON is making a 52 week high.

  • Paper traded 916 HON Mar 105/Jun 110 call spread for .60.
  • The ADV is 4293 contracts. ?
  • The OI is than 5958 and 4755 contracts.

The volume went up in two blocks marked spread.? The Mar 105 strike was very active with over 16000 contracts and it looks like the customer wants to close this call and sell the Jun 110s to keep a buy write going.

  • IV 30 is trading for 39%.
  • HV10 is trading for 51%.
  • IV 30 is below the HV 10.

Honeywell International Inc. is a diversified technology and manufacturing company. The Company is serving customers globally with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation