Any Ideas about these UAL Call Option Buys?

Discussion in 'Options' started by JesseJamesFinn1, Sep 25, 2017.

  1. JackRab

    JackRab

    My guess...

    A client initiated a large OTC buy, 5k probably or 10k... hedgefund or something similar... bought it in one clip from market making desk at bank, GS or MS... either sec/no-hedge or with underlying hedge... (I would assume it's hedged). To get vega/gamma exposure.

    Bank offloads the risk and goes maybe long vega/gamma as well in the market/on-screen... Market makers and the rest of the market buys the 65 calls and Dec...

    Or... whoever got in the long trade thinks/found out that earnings are in the Nov expiry and bought vega/gamma there and sold Dec as a calendar spread.

    Or... bank is working a larger order and buying in the market for the next 2 days...
     
    #11     Sep 25, 2017
  2. DeltaRisk

    DeltaRisk

    Only to UHNWI, it's very tough.
     
    #12     Sep 26, 2017
    sss12 likes this.
  3. DeltaRisk

    DeltaRisk

    Do you trade on Tradeweb? Or the others ....?
     
    #13     Sep 26, 2017
  4. sle

    sle

    We use TradeWeb for OIS, but for most equity derivatives (which we only trade barriers and variance) we are covered directly by the dealers.
     
    #14     Sep 26, 2017
  5. DeltaRisk

    DeltaRisk

    Bank or hedgie?
     
    #15     Sep 26, 2017
  6. sle

    sle

    Fund
     
    #16     Sep 26, 2017
  7. DeltaRisk

    DeltaRisk

    Can you start a private?
     
    #17     Sep 27, 2017