Calls Roll Trade In DTV
Shares of DirecTV (DTV) are down .82 to 79.94 today. DTV is near the top of the 52 week range.
Today paper traded 4098 May 85 calls for .70. The ADV is 7493 contracts.? The OI is 1895 contracts.
The volume went up in one block.? The options traded right in the middle of the market leaning just slightly to the call side.? DTV is in takeover talks and after having rising IV, there is a slight drift lower today in all months but May.? This trade is most likely a speculative buy.
30-day implied volatility is 34%.?? 10-day implied volatility is 22%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
DIRECTV is a provider of digital television entertainment in the United States and Latin America. The Company operates two direct-to-home (DTH), operating segments: DIRECTV U.S. and DIRECTV Latin America, which are engaged in acquiring, promoting, selling and/or distributing digital entertainment programming primarily via satellite to residential and commercial subscribers.