15000 XRT Apr 40/Jun 42 put spreads went up in 2 blocks on the PHLX
Shares of the SPDR S&P Retail ETF (XRT) are down .38 to 44.45 today.? XRT is near the middle of the 52 week range.
- Paper traded 15000 XRT Apr 40/Jun 42 put spread for 1.04.?
- The ADV is 19253 contracts.?
- The OI is 30000 and 168 contracts.
The volume went up in 2 blocks on the PHLX marked spread. ?The trade looks like a successful close on the Apr calls and? rolling to the nearer the money Jun calls.? the yield on the short put to Jun is roughly 2.7% so the trader is confident XRT does not see 52 week lows anytime soon.
- IV 30 is trading 23%.?
- HV10 is trading for 10%.?
- IV 30 is trading above the HV 10.
SPDR S&P Retail ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index). The Index is an equal weighted market cap index.