Shares of Ambac Financial Group, Inc (AMBC) are up .98 to 23.37.? AMBC is in the middle of the 52 week range.
Today paper traded 4878 AMBC Jan 2015 30 calls for 1.85.? ADV is 1211 contracts.? The OI is 822 and 60k.
The volume went up in one block between the markets.? The open trade looked like a call buy and the options are .10 bid higher as of this writing.? The purchase was at the lower end of the stock today so it was well timed.
30-day implied volatility is 56%.?? 10-day implied volatility is 19%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Ambac Financial Group, Inc. (Ambac) is a primarily a holding company. The Company, through its subsidiaries, provides financial guarantees and financial services to clients in both the public and private sectors worldwide.