Shares of Steel Dynamics (STLD) are up .1.03 to 19.61 today.? STLD is making a 52 week high.

Today paper traded 1307 STLD Nov 21 calls for .75. ?The ADV is 929 contracts.? The OI is 28 contracts.

The volume went up in 1 large block.? Trade on the strike is over 7000 contracts with most of that buying.? Traders are lifting the offers in calls with the IV up 1.16 points today.? With the stock making a 52 high traders are looking for high prices.

30-day implied volatility is 30%.?? 10-day implied volatility is 21%.? 30 day implied volatility is trading below the 10 realized volatility

Steel Dynamics, Inc. is a steel producer and metals recycler in the United States.?