3500 KMX Mar17 67.5/70/72.5 calls went up in 4 blocks on the PHLX.?
Shares of CarMax Inc. (KMX) are down 1.11 to 66.44 today. KMX is near the top of the 52 week range.
- Paper traded 3500 KMX Mar17 67.5/70/72.5 calls for 1.375/.50/.15.? ?
- The ADV is 2320 contracts.?
- The OI is 646/12276/93 contracts.
The volume went up in 4 blocks on the PHLX.? This ratio call spread looks like a tree where the customer bought the 67.5s and sold 70s and 72.5s to reduce the trade cost.? The trader is looking for a rally in KMX.
- IV 30 is trading 28%
- HV10 is trading for 18%.?
- IV 30 is trading above the HV 10.
CarMax, Inc. (CarMax) is a holding company. The Company is a retailer of used vehicles. The Company operates through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF).