Puts Trade In FRAN – Put Closing
Shares of Francesca?s Holdings Corp. (FRAN) are down .19 to 11.65.? FRAN is at the bottom of the 52 week range.

Today paper traded 2500 FRAN Mar 12.5 for 2.5.? The ADV is 522 contracts.? The OI is 5527 contracts.

Volume went up in 1 large block.? This trade went up just off of the offer at the time.? The put trader is probably buying to close with FRAN near the 52 week lows.? No stock went up at the time.? The IV30 is up 16 points as there is some demand for options.
UA profiled put buying on Oct 8th.? This could be a sell to close here and very nice prices.

30-day implied volatility is 63%.?? 10-day implied volatility is 47%.? 30 day implied volatility is trading above the 10 day realized volatility

Francesca?s Holdings Corporation is a holding company. The Company is a specialty retailer. As of February 1, 2014, the Company?s operated 451 boutiques in 45 states and the District of Columbia and also served its customers through www.francescas.com, its direct-to-consumer Website.

 

Calls Trade In SCOK- Call Buying Near Term

Shares of SinoCoking Coal and Coke China (SCOK) are up 1.73 to 4.08.? SCOK is near the middle of the 52 week range.

Today paper traded 100 SCOK Nov 7.5 calls for .10.? The ADV is 694 contracts.? The OI is 10 contracts.

Volume went up in one block.? The trade on the strike is over 200 contracts with call buyers jumping into Nov.? Nov 7.5 calls are mostly trading .10 to .15 with some closing in the Nov 5s.? The stock is up over 77% today.

30-day implied volatility is 160%.?? 10-day implied volatility is 88%.? 30 day implied volatility is trading above the 10 day realized volatility

SinoCoking Coal and Coke Chemical Industries, Inc. is a coal and coke producer based in Henan Province, People?s Republic of China (PRC). The Company’s products include raw coal, washed coal, medium coal and slurries, coke and coal tar.

 

Calls Trade In ADES – Upside Call Spec In A Skinny Issue
Shares of Advanced Emissions Solutions (ADES) are up .25 to 20.00.? ADES is near the bottom of the 52 week range.

Today paper traded 40 ADES Nov 20 calls for 1.20.? The ADV is 229 contracts.? The OI is 57 contracts.

Volume went up in one small block.? The trade on the strike is over 130 contracts on a very thin issue.? Paper was lifting the offer in very wide markets so this looks like considerable earning speculation.? Earnings are Nov 6th.

30-day implied volatility is 57.?? 10-day implied volatility is 30%.? 30 day implied volatility is trading below the 10 day realized volatility

Advanced Emissions Solutions, Inc. is engaged in providing environmental technologies and specialty chemicals to the coal-burning electric power generation industry. The Company operates in three segments, including Refined coal (RC), Emission control (EC) and Carbon Dioxide (CO2) capture (CC).The Company serves as the holding entity for a family of companies that provide emissions solutions to customers in the power generation and other industries.