Shares of Crocs, Inc. (CROX) are up .14 to 15.00.? CROX is nearer the upper end of the 52 week range.
Today paper traded 696 CROX Aug 15 calls for .65. ?The ADV is 1418 contracts.? The OI is 1002 contracts.
The volume went up in 1 large block.? Several blocks of similar sized went up on the Aug 15 strike today with most of that paper buying.? Traders are bidding these ATM calls up into earnings on the hopes of a positive surprise.
30-day implied volatility is 50%.?? 10-day implied volatility is 23%.? 30 day implied volatility is trading above the 10 realized volatility
Crocs, Inc. is a designer, manufacturer and distributor of footwear and accessories for men, women and children.?