Shares of Swift Transportation Company (SWFT) are trading near the 52-week highs. Today paper traded 1,635 of the SWFT Apr 15 calls for .80.? Average volume is 636 contracts per day in the name.? Open interest is 1,131 contracts.
The strike traded 2701 contracts as of this writing and it look like a standing .80 bid is trying to buy more calls.? Apr volatility is down .2 and the trade could be in conjunction with the May 12.5s but they did not go up as a spread.
30-day implied volatility is 43%.?? 10-day implied volatility is 47%.? 30-day implied volatility is trading below the 10-day historical volatility.
Swift Transportation Company is a transportation services company and a truckload carrier in North America.