Shares of Glu Mobile Inc (GLUU) are up .04 to 3.04 today.? GLUU is in the middle of the 52-range.
Today paper traded 1457 GLUU Mar 4 calls for .50. The ADV is 2444 contracts.? The OI is 2204 contracts.
The volume went up in two blocks with 4000+ contracts trading on the day.? Short term IV is in but Mar IV is up 8 points today to 97%.? The buyers are looking for a good size move between now and Mar.? The scattered paper usually means the trades are not tied to stock.? The .50 trade lifted the offer at the time.
30-day implied volatility is 78%.? ?10-day implied volatility is 45%.? 30-day implied volatility is trading above the 10-day historical volatility.
Glu Mobile Inc. (Glu) designs, markets and sells mobile games.