Paper Buys Size Long-term Put Spread in SBUX

  • Size print in SBUX Jan 2019 35/40 put spread
  • Paper trades multiple blocks Jan 35 puts including 37k and 25k, below the bid for $.60
  • Paper also trades multiple blocks of Jan 40 puts at or near the offer around $1.15
    total of 87k trades on the day.?
  • OI on both strikes is well below 87k, indicating opening positions on both strikes

Last week?- Call Frenzy in XLU

  • Paper traded 53290 XLU Sep 57.0 calls for $0.049
  • Total of over 81k trade on the day -?on or near the offer
  • OI was negligible

Today: size put spread in XLU

  • 40000 XLU?mar18?51.0 puts trade $1.28
  • 40000 XLU Dec 50.0 puts trade $0.54
  • Spread is opening in march?- potential roll?