2500/5000 EA May19 105/103 put spreads went up in 2 blocks on the AMEX. ??

EA

Shares of Electronic Arts Inc (EA) are up 12.76 to 108.76 today. EA is at a 52 week high.

  • Paper traded 2500/5000 EA May19 105/103 put spreads for .05.?
  • The ADV is 5413 contracts.? ?
  • The open interest is 0 contracts.

The volume went up in 2 blocks on the AMEX. ??This ratio spread is curious both for the low debit and setup.? The May105 puts trade right near the bid, which usually means a sale and if so the trader collects .05 credit.? The only real goal of this trade is to take stock for 105 or look for a large drop which does not seem likely right now.

  • IV 30 is trading for 21%.?
  • HV10 is trading for 7%.?
  • IV 30 is above the HV 10.

Electronic Arts Inc. develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company’s games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed.