Shares of IAC/InterActiveCorp (IACI) are up 9.18 to 69.27. IACI is making a 52-week high.
Today paper traded 1,050 IACI Jan 65 call for 1.7-5.90. The ADV is 1,795 contracts.? The OI is 1,075 contracts.
The volume came in two blocks with one at the low end and one at the high end with both buying.? IACI is making a monster move and the early call buyer is very ITM at this point.? There is scattered buying in large size in several strikes in IACI in Jan.? Some calls traded for 5.4 and it looks like an early buyer got out.
30-day implied volatility is 32%.? ?10-day implied volatility is 27%.? 30-day implied volatility is trading above the 10-day historical volatility.
IAC/InterActiveCorp (IAC) is a media and Internet company that consists of more than 150 brands and products.