6500 RIG Aug18 12 calls went up in 1 block on the PHLX marked buy-write.? 320k shares printed with the calls which appear long stock short call into the earnings report.?

RIG

Shares of Transocean Ltd (RIG) are down .18 to 11.47 today.? RIG is near the middle of the 52 week range.

  • Paper traded 6500 RIG Aug18 12 calls for .90.
  • The ADV is 17531 contracts.?
  • The OI is 795 contracts.

The volume went up in 1 block on the PHLX marked buy-write.? 320k shares printed with the calls which appear long stock short call into the earnings report.? The trader is looking for a big move.

  • IV 30 is trading for 45. ?
  • HV10 is trading for 31%.?
  • IV 30 is trading above the HV 10.

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells.