Some unusual options trading activity today in YHOO, with an aggressive purchase going up through the offer. Is this a huge bet into the BABA IPO?
Calls trade in YHOO- paid through the offer early
Shares of Yahoo Inc. (YHOO) are down .19 to 42.51 today.? YHOO is trading near the top of the 52 week range.
Today paper traded 6301 YHOO Oct 48 calls for .95.?
- The ADV is 199k contracts.?
- The OI is 34k contracts.
Volume went up in one huge block through the offer. ? The block went up early in the day with an aggressive purchase.? Trades like this are usually opening but check the OI on the close.? This is a huge bet (or cover) into the BABA IPO.? This was the largest print this am.
- 30-day implied volatility is 52%.? ?
- 10-day implied volatility is 36%.?
- 30-day implied volatility is trading above the 10-day realized volatility.
Yahoo! Inc. (Yahoo!) is a global technology company. Through the Company?s technology and insights, Yahoo! delivers digital content and experiences, across devices and globally.
Calls trade in PIR- size upside calls trading in PIR
Shares of Pier 1 Imports Inc (PIR) are up .14 to 15.54 today.? PIR is near the bottom of the 52 week range.
Today paper traded 2355 PIR Oct 16 calls for .58.?
- The ADV is 1033 contracts.?
- The OI is 2192 contracts.
Volume went up in one large block.? Subsequent volume went up to the tune of 12728 with paper mostly buying pushing up the implied volatility another 11 points in Oct.? Call buyers are looking for a power move up after earnings.
- 30-day implied volatility is 52%.? ?
- 10-day implied volatility is 23%.?
- 30-day implied volatility is trading above the 10-day realized volatility
Pier 1 Imports, Inc. (Pier 1 Imports) is a global importer of imported decorative home furnishings and gifts. As of March 2, 2013, the Company had 1,062 stores in the United States and Canada. During the fiscal year ended March 2, 2013 (fiscal 2013), the Company opened 22 new Pier 1 Imports stores and closed 12 stores.
Calls trade in NQ Mobile Inc. – call buyers jump in
Shares of NQ mobile Inc (NQ) are up .52 to 6.39 today.? NQ is trading near the lower end of the 52 week range.
Today paper traded 500 NVTL Sep 6.5 calls for .19.?
- The ADV is 26k contracts.?
- The OI is 1144 contracts.
Volume went up in 1 large block.? Total trade on the strike is over 2000 contracts with buy volume exceeding the open interest.? There is call buying in other terms and other strikes.? The earliest call buyers to today scooped these calls for .04 and some contracts traded through the offer.? For the most part here paper is looking for higher prices.
- 30-day implied volatility is 120%.? ?
- 10-day implied volatility is 27%.?
- 30-day implied volatility is trading above the 10 realized volatility
NQ Mobile Inc. (NQ), formerly NetQin Mobile Inc., incorporated on March 14, 2007, is a holding company. The Company is a global provider of mobile Internet services focusing on security, privacy and productivity.