1632 MT Jan 2017 5.5 calls went up in 1 block on the ISE.?

MT

Shares of ArcelorMittal SA (MT) are up .16 to 6.31 today. ?MT is at the upper end of the 52 week range.

  • Paper traded 1632 MT Jan 2017 5.5 calls for 1.47. ?
  • The ADV is 12102 contracts.? ?
  • The open interest is 14869 contracts.

The volume went up in 1 block on the ISE.? Traders bid for the calls on all floors as there was not sufficient liquidity to fill the volume of over 13k contracts.? If the customer is closing a short call they might think there is more upside.

  • IV 30 is trading for 52%.?
  • HV10 is trading for 50%.?
  • IV 30 is above the HV 10.

ArcelorMittal S.A. (ArcelorMittal) is a holding company. The Company is an integrated steel and mining company. ArcelorMittal operates through five segments: NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining.