11577 BAX Jan 37.5 calls went up in 1 block marked buy write on the PHLX.?

BAX

Shares of Baxter International Inc.(BAX) are down .65 to 32.65 today. ?BAX is near the middle of the 52 week range.

  • Paper traded 11577 BAX Jan 37.5 calls for .51.?
  • The ADV is 6801 contracts.?
  • ?The open interest is 1754 contracts.

The volume went up in 1 block marked buy write on the PHLX.? 92000 shares went up for 32.64 which is about a 10 delta trade.? The trade looks like they are closing some 40s, 11577 traded there, and buying some 37.5s for a long gamma type trade.? This investor is looking for movement.

  • IV 30 is trading for 33%.?
  • HV10 is trading for 34%.?
  • IV 30 is below the HV 10.

Baxter International Inc. (Baxter) is a diversified healthcare company. The Company operates in two segments: BioScience segment, which include three commercial franchises: Hemophilia, BioTherapeutics and BioSurgery, and Medical Products segment, which include four commercial franchises: Fluid Systems, Renal, Specialty Pharmaceuticals and BioPharma Solutions.