29107 XLP Sep15 52/56 put spreads went up in 2 blocks on the PHLX marked buy write
Shares of Consumer Staples Select (XLP) are up .18 to 56.66 today. ?XLP is near the top of the 52 week range.
- Paper traded 29107 XLP Sep15 52/56 put spread for .92.?
- The ADV is 11447 contracts.?
- The OI is 5986 and 723 contracts.
The volume went up in 2 blocks on the PHLX marked buy write.? ?400000 shares of XLP went up against this put spread.? The trade as priced looks long put spread and long stock.? Short Jun16 put spreads were closed as well so it appears the trader is changing the mix a bit to get more bullish with protection.
- IV 30 is trading 10%
- HV10 is trading for 4%.?
- IV 30 is trading above the HV 10.
Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.