307 DANG May 11 calls went up in one block.? DANG reported positive earnings and this trader is looking for a move up

Calls trade in DANG ? post earnings upside buy

?DANG

Shares of Ecommerce China DangDang (DANG) are up 1.14 to 9.52 today.? DANG is near the middle of the 52 week range.

  • Paper traded 307 DANG May 11 calls for .25.
  • The ADV is 1424 contracts.
  • The OI is 85 contracts.

The volume went up in one block.? DANG reported positive earnings and this trader is looking for a move up to get the name around the old highs of the year.? The calls are speculative in nature so the move would have to be pretty big for these to pay.

  • IV 30 is trading for 51%.
  • HV10 is trading for 38%.
  • IV 30 is trading above the HV 10.

E-Commerce China Dangdang Inc. (Dangdang is a holding company. The Company is a business-to-consumer (B2C), e-commerce Company in the People?s Republic of China.

 

Calls and puts trade in TRQ- possible straddle sale

?TRQ

Shares of Turquoise Hill Resources are up .10 to 3.09 today. ?TRQ is near the middle of the 52 week range.

  • Paper traded 10000 TRQ Sep 3 calls and puts for .75.
  • The ADV is 330 contracts.
  • The OI is 6700+ on both strikes.

The volume went up in two giant blocks.? TRQ seems range bound and the most likely explanation of this trade is a customer selling a straddle.? Possibly against a stock position.

  • IV 30 is trading for 49%.
  • HV10 is trading for 37%.
  • IV 30 is above the HV 10.

Turquoise Hill Resources Ltd., formerly Ivanhoe Mines Ltd. is an international mineral exploration and development company. The Company?s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia.

 

Calls and trading in GIS ? upside calls in GIS

?GIS

Shares of General Mills, Inc. (GIS) are up .31 to 56.66 today. ?GIS is near the top of 52 week range.

  • Paper traded 170 GIS Apr 60 calls for .12.
  • The ADV is 2901 contracts. ?
  • The OI is 291.

The volume went up in 1 block lifting the offer.? Trade on this strike is over 1600 contracts with buyers paying up to .12 for the calls.? The paper looks speculative in nature as traders try to position for a bid push higher.? IV is up 2 points in GIS today.

  • IV 30 is trading for 19%.
  • HV10 is trading for 19%.
  • IV 30 is at the HV 10.

General Mills, Inc. is a global manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the foodservice and commercial baking industries.