Shares of Electronic Arts (EA) are down 1.53 to 17.18 today.? The shares are trading $2.5 off of a 52 week highs.
Today paper traded large blocks of calls in the EA Apr 19 calls for .24 as a buyer of 8,147 contracts and 19,108 EA Jun 23 calls for a 0.1.? Average volume is 8,147 contracts per day in the name.? Open interest is 14,000 and 20,093, respectively.
The Apr call buy looked like a scoop at the bottom with 23,775 calls trading as of this writing.? The Jun 23 calls looked like a sale (possibly closing) near the bottom and it does not look like the trades are link but it is possible.? The IV 30 is up 8.73 points today on very large volume.
30-day implied volatility is 42%.?? 10-day implied volatility is 26%.? 30-day implied volatility is trading above the 10-day historical volatility.
Electronic Arts Inc. develops, markets, publishes and distributes game software content and services that can be played by consumers on a variety of video game machines and electronic devices.