4000 XPO May 50/55 call spreads went up in 2 blocks on the ARCA. ?
Shares of XPO Logistics Inc (XPO) are down .84 to 46.57 today.? XPO is near the middle of the 52 week range.
- Paper traded 4000 XPO May 50/55 call spreads for .95.?
- The ADV is 1809 contracts.?
- The OI is 1291 and 12886 contracts.
The volume went up in 2 blocks on the ARCA. ?It appears the trader is rolling down the May 55s to the May 50s to establish a closer long delta position.? We can check the OI on this but this does look like a roll down.? More than 10k contracts of this spread went up.
- IV 30 is trading for 41%. ?
- HV10 is trading for 28%.?
- IV 30 is trading above the HV 10.
XPO Logistics, Inc. is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services.