Shares of National Bank of Greece, SA (NBG) were trading up .19 today to $1.90.? NBG has a year-to-date low of $1.12.
Paper bought the NBG May 1 puts call for .20 in scattered volume.? The volume was 1,465 contracts.? Average volume is over 621 contracts per day.? Open interest is 2,084 contracts on the strike.? The implied volatility is 7.8% to 150% on the Jan 1 put strike. This looks to be opening and similar volumes were buying these puts last week.
30-day implied volatility is 123%.?? 10-day implied volatility is 66%.? 30-day implied volatility is trading well over the 10-day historical volatility.
National Bank of Greece SA (the Bank) is a Greece-based financial institution.