13625 XOP Jan 47/50 call spreads went up in 2 blocks on the AMEX marked spread.?
Shares of the SPDR S&P Oil and Gas explorers (XOP) are up .14 to 43.3.? XOP is near a 52 week high.
- Paper traded 13625 XOP Jan 47/50 call spreads for .50 over .18.?
- The ADV is 135k.?
- The OI is 34310 and 24241 contracts.
The volume went up in 2 blocks on the AMEX marked spread.? As priced the trade looks like very bullish roll up on the Jan 47 calls to the 50 calls with the posted open interest.? The trader is looking for another 10% pop in the price of XOP at least to Jan 2017 expiry.
- IV 30 is trading for 31%.?
- HV10 is trading for 61%.?
- IV 30 is below the HV 10.
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. exchange-traded funds (ETF options) and exchange-traded notes (ETN options).