6000 XOP Oct 34 puts went up on the CBOE marked spread.?

XOP

Shares of SPDR S&P Oil and Gas (XOP) are down .81 to 35.25 today. XOM is near the middle of the 52 week range.

  • Paper traded 6000 XOP Oct 34 puts for.94.?
  • ADV is 68841 per day.?
  • The OI is less than 20 contracts.

The volume went up on the CBOE marked spread.? 10k plus puts on the strike traded in a huge flurry of what appears to be rolling activity.? This could be closing 34 puts to roll down to other strikes.? It is not clear whether the roll is winner or not from past activity.

  • IV 30 is trading 36%.?
  • HV10 is trading for 36%.?
  • IV 30 is at the HV 10.

SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index.