Shares of Lightinthebox Holding Co. (LITB) are up .23 to 6.85 today.? ?LITB is at the bottom of the 52 week range.
Today paper traded 574 LITB Jul 7.5 calls for .25.? The ADV is 231 contracts. The OI is 1437 contracts.
The volume went up in 1 block.? Volume on the day is just over 1300 contracts with most of that buying.? The .25 buy was aggressive on a .10 wide market.? Some of this might be closing but the buyers are still looking for some upside.? LITB is making a move after lows in the 4s.
?30-day implied volatility is 68%.?? 10-day implied volatility is 122%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
Lightinthebox Holding Co., Ltd. is a global online retail company that delivers products directly to consumers globally.