Shares of Crocs, Inc (CROX) are up 2.64 to 15.97.? CROX is in the upper end of the 52 week range.
Today paper traded 596 CROX Jan 17 calls for .20.? The ADV is 2321 contracts.? The OI is 2186 contracts.
The volume went up in 2 blocks on a .05/.20 market indicating there is more to run for CROX.? Total call volume on the strike is 3376 so some shorts are closing but longs are definitely getting in with the IV up 8 points today.? UA last highlighted CROX in Oct on a 52 week low with a potential puts/stock play in Mar which is looking good now.
30-day implied volatility is 39%. ? 10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.
Crocs, Inc is a designer, manufacturer and distributor of footwear and accessories for men, women and children.