Paper traded 5000 XHB Apr 01 Weekly 34 calls at .05.
Shares of ?the SPDR Homebuilders ETF (XHB) are up .19 to 33.81 today.? XHB is trading in the lower end of the 52 week range.
- Paper traded 5000 XHB Apr 01 Weekly 34 calls at .05.?
- XHB trades 3333 contracts a day on average.?
- The OI is 10010 contracts.
The trade went up on AMEX in one block.? It looks like the trader is giving up on half of the options and taking the money they can get.? They are probably expecting a pin at $34 and not sizeable roll has occurred yet.
- IV30 IS 17% and HV10 is 15%. ?
- The current implied volatility is trading at a premium to implied volatility.
SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.