7000/21000 Sprint Jan 2016 5/10 call spreads went up in 2 giant blocks. ?The huge open interest on both strikes leaves the possibility of a roll down.
Puts trade in NUAN- dedicated seller
Shares of Nuance Communications Inc. (NUAN) are down .06 to 14.07.? NUAN is near the bottom of the 52 week range.
Paper traded 9200 NUAN Feb 14 puts at .65.
- The ADV is 4840 contracts.
- The OI is 8924 contracts.
The volume went up in 1 large block.? Paper sold these puts at .65 and .70 for 22k+ contracts.? For now this looks like a put sale to get long deltas.? No stock of size printed today and there is some large OI in the Jan 14 puts.
- IV 30 is trading for 33%.
- HV10 is trading for 11%.
- IV 30 is trading above the HV 10.
Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers globally. The Company’s solutions are used in healthcare, mobile, consumer, enterprise customer service, and imaging markets. The Company offers accuracy, natural language understanding capability, domain knowledge and implementation capabilities.
Puts trade in BPOP- possible put and stock sale
Shares of Popular Inc. (BPOP) are down .83 to 33.24 today. ??BPOP is near the upper end of the 52 week range.
Paper traded 1830 BPOP Jan 33 puts at .50. ??
- The ADV is 672 contracts.
- The OI is 2225 contracts.
The volume went up in 1 block.? A trade at .48 was pulled off the tape and this one went up as a buy write.? The stock position is 88059 so this is a ratio buy write.? Puts look like a sale and could be closing although check the OI tomorrow to be sure.? It could be adding size as well.? A short put and stock sale would be aggressive sale on the 33 strike for a pin into Jan expiration.
- IV 30 is trading for 28%.
- HV10 is trading for 13%.
- IV 30 is trading over the HV 10.
Popular, Inc. (Popular) is a diversified bank holding company. The Company operates in two markets: Puerto Rico and Mainland United States. In Puerto Rico market the Company provides retail and commercial banking services through its principal banking subsidiary, Banco Popular de Puerto Rico (BPPR).
Call ratios in S- 3 to 1 call spreads
Shares of the Sprint Corp. (S) are up .03 to 4.27. ??S is near the bottom of the 52 week range.
Paper traded 7000/21000 S Jan 2016 5/10 call spreads for .37.?
- The ADV is 17k contracts. ?
- The OI is 21k and 35k contracts.
The volume went up in 2 giant blocks.? The huge open interest on both strikes leaves the possibility of a roll down in this name.? From the pricing the 10s look like a sale with the Jan 5s buying.? The trader either is rolling down to reload for less contracts or adding new OI.? Check the OI on this one.
- IV 30 is trading for 60%.
- HV10 is trading for 34%.
- IV 30 is trading under the HV 10.
Sprint Corporation offers a range of wireless and wireline communications services to consumers, businesses and government users. The Company develops, engineers and deploys technologies, including the first wireless fourth generation (4G) service from a national carrier in the United States; offering mobile data services, prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities, and a global Tier 1 Internet Service.