Shares of ARMOUR Residential REIT, Inc. (ARR) are up .02 to 4.09 today.? ARR is trading near the bottom of the 52-week range.

Today paper traded 4296 ARR Jan 2015 5 calls for .20. ?ADV is 1394 contracts.? The OI is 19770 contracts.

The volume traded in several blocks with 9165 contracts trading on the day.? The seller posted an offer and paper stepped in to lift the offer on several exchanges. The calls traded as low as .15 today.? It does look like some short interest is getting closed down today so check the OI tomorrow.? The buyer is looking for a reasonable jump in 1 year with the old high trading 6.13.

ARMOUR Residential REIT, Inc.( ARMOUR) is an externally-managed Maryland corporation managed by ARMOUR Residential REIT, Inc.?