5000 BBY Jan 2016 32.49/36 call spreads went up in two blocks on the PHLX.
Shares of ?Best Buy Co. Inc. (BBY) are up .61 to 32.61 today.? ?BBY is near the middle of the 52 week range.
- Paper traded 5000 BBY Jan 2016 32.49/36 call spreads for 1.02. ??
- The ADV is 11k contracts.?
- The OI is just over 6k contracts on both strikes
The volume went up in two blocks on the PHLX. ?The calls went up like spread but were not marked as such.? There is OI on the strikes so this looks like an accumulating buyer. The trade is expecting a lift in BBY up and over the recent highs after earnings.
- IV 30 is trading 30%.?
- HV10 is trading for 38%.?
- IV 30 is trading below the HV 10.
Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers service to the consumers, small business owners and educators, who visit its stores, engage with Geek Squad agents or use its Websites or mobile applications.