20594 NE Jan 2015 14 puts went up in 1 giant block & looks like a close from a savvy trader.?

Puts trade in MYL- strange buy writes

MYL

Shares of the Mylan Inc. (MYL) are up 1.34 today to 56.63.? MYL is in the middle of the 52 week range.

Paper traded 10000 Jan 55 puts for 1.46. ?

  • The ADV is 5487 contracts.
  • The OI is 16347.

The volume went up in one block marked buy write. 10000 of the Jan 48 puts went up to with 300k shares trading marked derivative near the same time.? Both trade went up and could be a spread tied to the stock print.? This would essentially be stock with a covered put spread if that were the case so the trader is looking for some movement.

  • IV 30 is trading for 31%.
  • HV10 is trading for 31%.
  • IV 30 is trading at the HV 10.

Mylan Inc. (Mylan) is a global pharmaceutical company, which develops, licenses, manufactures, markets and distributes generic, branded generic and specialty pharmaceuticals. Mylan operates in two segments: Generics and Specialty.

 

Calls trade in ZQK- search for yield

ZQK

Shares of Quicksilver Inc. (ZQK) are down .06 to 2.20 today. ??ZQK is near the bottom of the 52 week range.

Paper traded 15000 ZQK Dec/Jan 2 calls spreads for .10. ??

  • The ADV is 2249 contracts.
  • The OI is 15498 and 6615 contracts.

The volume went up in 2 blocks.? This trade is most of the OI in Dec and really can only be a rolling buy-write where the trader is looking for a net .10 of yield.? This is very thin in a name like this but the trader seems committed to it.

  • IV 30 is trading for 100%.
  • HV10 is trading for 154%.
  • IV 30 is trading under the HV 10.

Quiksilver, Inc. is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding. It markets products across three core brands: Quiksilver, Roxy and DC, as well as several smaller brands. Its products are sold in over 90 countries through a range of distribution points, including wholesale accounts surf shops, skate shops, snow shops, specialty stores, and select department stores, 829 owned or licensed Company retail stores, and via its e-commerce websites.

Puts trade in NE- large open put close

NE

Shares of Noble Corp. (NE) are up .38 to 16.78 today. ??NE is near the lower end of the 52 week range.

Paper traded 20594 NE Jan 2015 14 puts for .34. ?

  • The ADV is 9300 contracts. ?
  • The OI is 20705 contracts.

The volume went up in 1 giant block.? The puts look like a close from a savvy trader.? NE just bounced off of 1 year lows and with the oil sliding the trader took profits.

  • IV 30 is trading for 65%.
  • HV10 is trading for 70%.
  • IV 30 is trading under the HV 10.

Noble Corporation plc is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services through its subsidiaries. In August 2014, the Company announced that it has completed the spin-off of Paragon Offshore plc.