Shares of Cash America International Inc. (CSH) are down .88 to 43.50.? CSH is near the middle of the 52 week range.
Today paper traded 1171 CSH Sep 40/ Dec 45 put spreads for 4.25.? The ADV is 227 contracts.? The OI is 5229 in Sep and 38 in Dec.
The volume went up in two blocks.? Total trade for the spread was 4100 contracts in various sizes.? The traders are dumping the Sep puts to roll into more in the money puts in Dec.? CSH has been flat lately so this does not look like a money maker yet.? The tone here is bearish for CSH.
30-day implied volatility is 34%. ? 10-day implied volatility is 40%.? 30 day implied volatility is trading below the 10 realized volatility
Cash America International, Inc., provides specialty financial services to individuals through retail services locations and through electronic distribution platforms known as e-commerce activities.