12500 LYB Jan 2016 95/100 call spreads went up in 2 blocks on the PHLX
Calls trade in LYB- long term call spreads trade
Shares of LyondellBasill Industries (LYB) are up 2.16 to 92.01. ???LYB is near the middle of the 52 week range.
- Paper traded 12500 LYB Jan 2016 95/100 call spreads for 2.00.
- The ADV is 3369 contracts.
- The OI is 7600 and 29000 contracts.
The volume went up in 2 blocks on the PHLX marked spread. ??There is huge OI on the Jan 100 strike so this trader is taking the rally and closing and rolling down or buying the spread outright.? The trade is bullish in nature either way.
- IV 30 is trading for 29%.
- HV10 is trading for 26%.
- IV 30 is trading above the HV 10.
LyondellBasell Industries N.V. (LyondellBasell) is a global, independent chemical company. The Company operates through five segments: Olefins and Polyolefins-Americas (OandP-Americas), Olefins and Polyolefins-Europe, Asia, International (OandP-EAI), Intermediates and Derivatives (IandD), Refining, and Technology.
Calls trade in CJES- Aug call spreads trade
Shares of C&J Energy Field Services Inc. (CJES) are .37 to 9.39. ?CJES is near the bottom of the of the 52 week range.
- Paper traded 3750 CJES Aug 9/11 call spreads for .80.
- The ADV is 1638 contracts.
- The OI is 0 and 7541 contracts.
The volume went up in 2 blocks on ARCA marked spread.? The calls on the 11 strike have huge OI and most likely the customer is rolling down to the 9 strike to gain in a lift from CJES.? The 9?s look buy as printed.
- IV 30 is trading 79%.
- HV10 is trading for 67%.
- IV 30 is trading above the HV 10.
C&J Energy Services Ltd., formerly C&J Energy Services, Inc., is a provider of hydraulic fracturing, coiled tubing, wireline and other complementary services with a focus on well completions.
Puts trade in AVP- big Aug put spreads trade
Shares of Avon Products (AVP) are up .08 to 5.33 today.? ?AVP is near the bottom of the 52 week range.
- Paper traded 8000 AVP Aug 5.5/7 put spreads for 1.16. ?
- The ADV is 8500 contracts. ?
- The OI is 100 and 17884 contracts.
The volume went up in 2 blocks on ARCA marked spread. ??The trade is most likely a roll down to the Aug 5 puts still trying to hedge or be an outright short for the earnings.? AVP is near the bottom of the 1 year range and this trader does not want to give up the puts.
- IV 30 is trading for69 %.
- HV10 is trading for 28%.
- IV 30 is above the HV 10.
Avon Products, Inc. is a manufacturer and marketer of beauty and related products. The Company’s offers its products under two product categories: Beauty and Fashion & Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).