7500 PX Jun16 125/135 call spreads went up in 2 blocks marked spread on the PHLX. ?
Shares of Praxair Inc. (PX) are up .04 to 116.76 today.? PX is near the middle of the 52 week range.
- Paper traded 7500 PX Jun16 125/135 call spreads for 1.25.? ?
- The ADV is 839 contracts.?
- The OI is 2497 and 551 contracts.
The volume went up in 2 blocks marked spread on the PHLX. ?These calls traded just .10 over fair value at the time so it does appear buy in a very wide market.? The trader is looking for PX to move to new highs by Jun.
- IV 30 is trading for 17%. ?
- HV10 is trading for 13%.?
- IV 30 is trading at the HV 10.
Praxair, Inc. is an industrial gas supplier in North and South America, Asia and Europe. The Company’s operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, the Company operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc., which represents the fifth segment