101829 and 50000 RAD Jul/Oct 9 call spreads went up in 3 blocks on the PHLX. ?

Calls trade in RAD- huge call roll

RAD

Shares of Rite Aid Corp (RAD) are up .12 to 8.83 today. ?RAD is near the upper end of the 52 week range.

  • Paper traded 101829 and 50000 RAD Jul/Oct 9 call spreads for .065 and .66.
  • The ADV is 19k contracts.
  • The OI is 159k and 34362 contracts.

The volume went up in 3 blocks on the PHLX. ?This trade is a down money roll where UA has been following the call buyer here and on this roll they are not doing well.? The idea is to stay in until RAD takes off.

  • IV 30 is trading for 33%.
  • HV10 is trading for 37%.
  • IV 30 is trading below the HV 10.

Rite Aid Corporation is a retail drugstore chain. The Company sells prescription drugs and a range of other merchandise, which are referred to as front-end products. The Company’s drugstores’ primary business is pharmacy services. It operates approximately 4,570 stores in 31 states across the country and in the District of Columbia. Its front-end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise and various other every day and convenience products.

 

Calls trade in EBAY- call ratio spreads trade?????????????????????

EBAY

Shares of EBAY Inc. (EBAY) are up 1.06 to 63.43 today.? EBAY making a 52 week high.

  • Paper traded 29340/19560 EBAY Oct 62.5/65 calls for 3.60 and 2.55.
  • The ADV is 28k contracts.
  • The OI is 67127 and 9766.

The volume went up in 2 blocks marked spread on the CBOE marked spread.? This trade is either an up money roll to keep the long going or an aggressive short play out to Oct.? The up money roll is more likely.

  • IV 30 is trading 29%.
  • HV10 is trading for 24%.
  • IV 30 is trading above the HV 10.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs), to develop software and solutions for commerce.

Puts trade in SMH- large Aug put buyer

SMH

Shares of Market Vectors Semiconductor ETF (SMH) are up 25 to 53.14 today.? SMH is near the middle of the 52 week range.

  • Paper traded 25000 SMH Aug 50 puts for .65. ?
  • The ADV is 11766 contracts. ?
  • The OI is 2919 contracts.

The volume went up in two blocks on the PHLX. ?These puts are most likely a protective trade of some sort unless the trader is thinking the SMH tanks as the chip stocks move into earnings.?? No stock of size went up against this position on the print today.

  • IV 30 is trading for 22%.
  • HV10 is trading for 26%.
  • IV 30 is below the HV 10.

Market Vectors Semiconductor ETF (the Fund) is a non-diversified investment company. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors United States Listed Semiconductor 25 Index