Shares of CableVision Systems Corp. (CVC) are up .21 to 17.65 today. CVC is near the middle of the 52 week range.
Today paper traded 700 CVC Jul 19 calls for .10. ? The ADV is 683 contracts.? The OI is 32 contracts.
The volume went up in one block.? Trade on the strike is over 1000 contracts with most of the paper taking the .10 offer.? With the IV down in all months these calls look like takeover speculation.? A shot at an OTM call becoming worth something.
30-day implied volatility is 23%. ? 10-day implied volatility is 16%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Cablevision Systems Corporation (Cablevision), through its wholly owned subsidiary CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their subsidiaries operates in the United States based on the number of video customers.