Here are some of the large options trades that caught our attention today:
1. SPY – there was a buyer of the Feb 170/162 Put Spread 35,000x paying .85, trade breaks-even down at 169.15 or down 5.5%. Around 50k Feb 170 puts total traded on the day.
2. VIX – there was a buyer of the Jan 16/30 call Spread paying 1.02 to open for 24,000, VIX has not traded above 22 all year. Around 30k Jan 16 calls total traded on the day.
3. XLF – buyer of the Jan 20 puts paying .17 for 140,000, this could have been someone throwing in the towel on a bullish bet. Under 150k total traded on the day, so the block trade was nearly the entire volume on the day.
4. GLD –
5. AVP –
6. ABX –