Shares of Facebook, Inc. (FB) are trading down .24 to 26.67.? FB is trading $2.00 off of its one-month highs.
Paper is buying puts in the FB Jan 24 strike for .40 this morning sweeping two exchanges.? The size was 5,260 and 4,665.? Average contract volume is over 227,000 contracts per day in the name.? Open interest is over 15,000 contracts on the strike.? The implied volatility is flat today. The heavy open interest suggests a large trader is closing a position as the prices on the strike earlier the previous month were in the .80 to 1.30 range.
30-day implied volatility is 51%.?? 10-day implied volatility is 42%.? 30-day implied volatility is trading over the 10-day historical volatility.
Facebook, Inc. is a United States-based company, which operates as a social networking website.