Shares of Dex Media Inc. (DEX) are up .47 to 11.16 today. ?DEX is near the middle of the 52 week range.
Today paper traded 7837 DEX Jun 10 calls for 1.05, 643 Jun 7.5 calls for 3.60 and selling 8500 DXM Sep 12.5 calls at .90. ???The ADV is 941 contracts.? The OI is 11010, 786 and 29 respectively.
The volume went up in 3 large blocks.? A roll of 8500 looks like it is going up in DEX.? The Sep 12.5 calls are trading near the bid with some short covering on the 7.5s and 10s.? The trader is rolling to Sep for even contracts.? This is most likely a buy writer moving to a new cycle.
30-day implied volatility is 61%.?? 10-day implied volatility is 42%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Dex Media, Inc. is a provider of social, local and mobile marketing solutions for local businesses.