24900 SYY Sep 38 calls went up in 1 block on the ARCA marked spread.?
Shares of SYSCO Corp (SYY) are down .79 to 39.08 today. ?SYY is near the middle of the 52 week range.
- Paper traded 24900 SYY Sep 38 calls at 1.66. ??
- The ADV is 6201 contracts.? ?
- The OI is 63555 contracts.
The volume went up in 1 block on the ARCA marked spread.? The options traded with 1.75 mill shares and look like an unwind from a volatility sale that UA covered several weeks ago.? The ratio was aggressive at the time but it seems to have worked out.? SYY has been in the news lately on hedge fund buying.
- IV 30 is trading for 27%.?
- HV10 is trading for 19%.?
- IV 30 is above the HV 10.
Sysco Corporation (Sysco) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers.