83900 ZTS Jan 2017 35 puts went up in 1 block on the ARCA marked price variation. ?

zts

Shares of the Zoetis Inc. are down .19 to 46.88 today.? ZTS is near the middle of the 52 week range.

  • Paper traded 83900 ZTS Jan 2017 35 puts for 1.25. ??
  • The ADV is 3452 contracts.? ?
  • The open interest is 243 contracts.

The volume went up in 1 block on the ARCA marked price variation. ?The puts traded closer to the bid which could indicate sale on such a large block of options.? There was not stock of size printing with these puts so the trade as priced looks like an opening sale.? The trader is betting a move to 35 is unlikely over the next year.

  • IV 30 is trading for 28%.?
  • HV10 is trading for 17%.?
  • IV 30 is above the HV 10.

Zoetis Inc. is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals.