Shares of Safe Bulkers, Inc. (SB) are up .39 to 9.83 today.? SB is near the top of the 52 week range.
Today paper traded 2000 SB Feb 10 calls for .15.? ADV is 321 contracts.? The OI is 304 contracts.
The volume went up in two large blocks both lifting the offer at the time to open.? The volume on the strike is over 5000 contracts with the IV 30 up 4.3 points today.? The call buy was well timed as they are .45 bid today.? The paper does not look like they closed yet.
30-day implied volatility is 60%.?? 10-day implied volatility is 62%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
Safe Bulkers, Inc. (Safe Bulkers) is an international provider of marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes.