26700 SPY Jan 2016 213/216 call spreads went up 2 blocks on the PHLX on the open. ?
Shares of the SPDR S&P 500 ETF (SPY) are down 1.97 to 207.64 today.? ?SPY is near the top of the 52 week range.
- Paper traded 26700 SPY Jan 2016 213/216 call spreads at .52. ??
- The ADV is 2.6m contracts.?
- The OI is over 50000 and 20000 respectively.
The volume went up 2 blocks on the PHLX on the open. ?There we several rolls in SPY today either rolling up like this trade or rolling out from Dec to Jan.? There could be some profit taking on the surprise drop and buying some more time as the market gets past the next Fed meeting.? Still generally bullish in nature.
- IV 30 is trading 14.84%.?
- HV10 is trading for 14.96%.?
- IV 30 is trading just below the HV 10.
SPDR S&P 500 ETF Trust (the Trust) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index. The S&P 500 Index is composed of 500 selected stocks and spans over 24 separate industry groups. The Fund?s investment sectors include information technology, financials, energy, health care, consumer staples, industrials, consumer discretionary, materials, utilities and telecommunication services.