Shares of Radian Group Inc. (RDN) are up .26 to 15.63.? RDN is near the upper end of the 52 week range.
Today paper traded 6500 RDN Mar 15 calls over 7612 RDN Apr 16 calls for a 12.5 credit.? The ADV is 4046 contracts.? The OI is 7464 and 920 contracts.
The volume went up in 4 blocks.? The Mar calls traded around parity with the trader buying the Apr 16 calls.? It looks like closing Mar to buy Apr with a bullish bend to the trade.
30-day implied volatility is 34%.? ?10-day implied volatility is 30%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Radian Group Inc. (Radian Group) is a credit enhancement company with a primary strategic focus on domestic residential mortgage insurance on first-lien loans (first-lien). The Company has two operating business segments: