10000/7000 X Apr 22/ May 21 put spreads went up in 2 blocks on the PHLX.?
Calls trade in APOL ? upside call buyers
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Shares of Apollo Education Group Inc. (APOL) are up .17 to 19.38 today.? APOL is near the bottom of the 52 week range.
- Paper traded 1910 APOL Aug 21 calls for1.30.
- The ADV is 2094 contracts.
- The OI is 112 contracts.
The volume went up in one block.? APOL is near the bottom of the range with 3000 calls trading on this strike today on scattered volume aside from the big block.? The buy looks consistent with a new letter type trade.? Paper is betting on a rebound after a horrible earnings report.
- IV 30 is trading for 34%.
- HV10 is trading for 170%.
- IV 30 is trading below the HV 10.
Apollo Education Group, Inc. is a private education services provider. The Company through the education platforms, it offers undergraduate, graduate, professional development and other non-degree educational programs and services, online and on-campus, to working learners in the United States and abroad.
?Puts trade in JIVE- massive put seller
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Shares of JIVE Software Inc. (JIVE) are up .10 to 5.13 today. ?JIVE is near the bottom of the 52 week range.
- Paper traded 53148 JIVE May 5 puts at .25.
- The ADV is 2454 contracts.
- The OI is 17370 contracts.
The volume went up one massive block.? JIVE is near the bottom of the 52 week range and this put seller is basically setting up an all you can eat put barrage against the .25 bid.? The trader wants to own JIVE at year lows.
- IV 30 is trading for 35%.
- HV10 is trading for 10%.
- IV 30 is above the HV 10.
Jive Software, Inc. (Jive) provides a social business platform. The Company is focused on unlocking the power of the enterprise social graph, which is the extended social network of an enterprise, encompassing relationships among its employees, customers and partners, as well as their interactions with people, content, and business information.
Puts trade in X- probable put roller
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Shares of United States Steel Corp (USX) are down .43 to 24.41 today. ?X is near the lower end of 52 week range.
- Paper traded 10000/7000 X Apr 22/ May 21 put spreads for .32.
- The ADV is 34515 contracts. ?
- The OI is 62854 and 1224 on the two strikes.
The volume went up in 2 blocks on the PHLX.? The put trade appears to be closing in Apr and opening in May.? The two blocks where not marked spread and the pricing appears buy close in Apr but buying to open in May.? This could be a put time stupid but only a check on OI tomorrow will confirm.? It does look like the client could be rolling a short put farther down.
- IV 30 is trading for 50%.
- HV10 is trading for 65%.
- IV 30 is below the HV 10.
United States Steel Corporation is an integrated steel producer. The company manufactures a range of value-added steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction and oil and gas industries.