3550 VXZ Jul 12 calls went up in several blocks on the ARCA marked price variation

VXZ

Shares of the iPath S&P 500 VIX midterm ETP (VXZ) are down .03 to 10.68 today.? VXZ is near the low end of the 52 week range.

  • Paper traded 3550 VXZ Jul 12 calls at .15 to 20.?
  • The ADV is 627 per day.?
  • The OI is 73 contracts.

The volume went up in several blocks on the ARCA marked price variation.? This trade went up on splits where most of the options traded .20 which would indicated the prorata price was closer to .20 than .15 with the call trader most likely a buyer.? The trader could be playing a bounce in VXZ.

  • IV 30 is trading 34%.?
  • HV10 is trading for 32%.?
  • IV 30 is trading above the HV 10.

The iPath S&P 500 VIX Mid-Term ETP (VXZ) seeks to follow a portfolio of VIX futures with a 4-7 month duration