15000 VXX Apr 21 15.5 puts over May12 13.5/14.5 puts went up in 3 blocks on the PHLX marked spread. ?
Shares of the iPath S&P 500 VIX short term future ETN (VXX) is down .56 to 15.61 today.? VXX is near the bottom of the 52 week range.
- Paper 15000 VXX Apr 21 15.5 puts over May12 13.5/14.5 puts for .48 and .21/.57. ?
- The ADV is 278k contracts.?
- The OI is 38110 and 11089/167 contracts.
The volume went up in 3 blocks on the PHLX marked spread. ?There is very high OI in the Apr cycle and it would appear the trader is giving up on the puts in Apr, closing them, and buying more in the shorter term May cycle.
- IV 30 is trading for 59%.
- HV10 is trading for 47%.
- IV 30 is trading above the HV 10.
iPath S&P 500 VIX short term (VXX) seeks to follow the performance of the front 2 VIX serial futures while weighting them around a forward 30 day duration.