30000/20000 VXX Feb17 20 calls over Mar17 24 calls went up in 2 blocks on the ARCA marked spread.?
Shares of Ipath S&P 500 VIX short term (VXX) are down .01 to 18.81 today. VXX is at the bottom of the 52 week range.
- Paper traded 30000/20000 VXX Feb17 20 calls over Mar17 24 calls for .35 and .50.?
- The ADV is 266k contracts.?
- The OI is 49159 and 12777 contracts.
The volume went up in 2 blocks on the ARCA marked spread.? More than likely the trader is looking for a near premium neutral bounce play.? The trade as priced looks buying Feb and and selling Mar which sets up for a nice play if VXX can rebound.? This would be one to check the OI tomorrow for the Feb calls since Mar is opening.
- IV 30 is trading for 54%.?
- HV10 is trading for 31%.?
- 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.