Shares of AOL Inc. (AOL) are down .35 to 45.37 today.? AOL is near the top of the 52-week range.
Today paper traded 9,358 AOL Apr 55 calls for .90.? ADV is 3,765 contracts.? The OI is 6,659 contracts.
The volume traded close to the offer with 13,732 calls changing hands so far.? The IV is up slightly as the buyer shook up the IV somewhat.? This is a very speculative play on higher prices in AOL for opening paper.
30-day implied volatility is 42%.? ?10-day implied volatility is 33%.? 30-day implied volatility is trading above the 10-day historical volatility.
AOL Inc. (AOL) is a global Web services company with a range of brands and offerings, and a global audience.