Shares of Yahoo Inc (YHOO) are up .33 to 33.99 today. YHOO is near the middle of 52 week range.
Today paper traded 80000 YHOO Jan 2015 calls for 1.60-1.62.? The ADV is 115k contracts.? The OI is 159k contracts
The volume went up in 4 blocks.? The 1.60 paper went up close to the offer with the 1.62 paper showing a sale.? These contracts look closing based on the open interest as YHOO has come down from the low 40s.? This could be a buy writer buying shorts and getting ready to reload for higher prices.
30-day implied volatility is 35%. ? 10-day implied volatility is 32%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Yahoo! Inc. (Yahoo!) is a global technology company.