2555/5110 WDAY Jun02 99/Jun30 90 puts spreads went up in 2 blocks on the ARCA
Shares of Workday Inc. (WDAY) are down .67 to 99.32 today. ?WDAY is near the top of the 52-week range.
- Paper traded 2555/5110 WDAY Jun02 99/Jun30 90 puts spreads trade for a .05.?
- The ADV is 2425 contracts.?
- The OI is 29 and 15 contracts.
The volume went up in 2 blocks on the ARCA marked spread.? ?This diagonal ratio put spread is a clever way to us margin.? The trade is to well below 90 and is close to breakeven on any rally.? Over all the trade looks slight bearish or that the earnings are a big meh.
- IV 30 is trading 40%
- HV10 is trading for 34%.?
- IV 30 is trading above the HV 10.
Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies.