Liquidity Services Inc. (LQDT) traded 33.05 up .24 today.? LQDT is trading nearer the 52-week lows.
Today paper traded the LQDT May 30 puts 880 times for 1.025 on splits. ?Average volume is 506 contracts per day in the name.? Open interest is 183 contracts in the strike.
The puts traded near and on the offer looking like buying paper.? The light open interest suggests that they are opening.? The timing is around May earnings so the puts are in play there.? LQDT is off $30 from year highs.
30-day implied volatility is 50%.? 10-day implied volatility is 57%.? 30-day implied volatility is trading below the 10-day historical volatility.
Liquidity Services, Inc. is an auction marketplace for surplus and salvage assets.