The dimes were flying as ten cent bids kept popping up and getting filled in Hill International.
Calls trade in CODE- upside call buyer
Shares of Spansion Inc (CODE) are trading up .28 to 23.14 today.? CODE is in the upper end of the34 52 wee range.
Today paper traded 4000 Nov 30 calls for .75 in CODE. ?
- The ADV is 2487 contracts.
- The OI is 14524 contracts.
Volume went up in 1 large block.? ?The high open interest means this could be closing but IV up 7 points in here is usually a sign of more opening paper.? Lots of calls are trading and options in general are at higher levels.? There is some takeover speculation in CODE.
- 30-day implied volatility is 74%.
- 10-day implied volatility is 58%.
- 30-day implied volatility is trading above the 10-day realized volatility.
Spansion Inc. (Spansion) provides flash memory-based embedded systems solutions.
Calls trade in VIP- could be an opening buyer
Shares of VimplelCom Ltd (VIP) are up .14 to 8.10 today. ?VIP is in the lower end of the 52 week range.
Today paper traded 5000 VIP Dec 8 calls for .60.?
- The ADV 343 contracts.
- The OI is 350 contracts.
Volume went up in 1 big block.? The trade went up for .60 in a .40-.70 market with more calls trading .55 right afterward.? Most likely this was a call seller accommodated at a higher price.? The customer is probably writing calls against an existing position.? The IV is ticking up fractionally. With the options .55 bid going out.
- 30-day implied volatility is 35%. ?
- 10-day implied volatility is 31%.
- 30-day implied volatility is trading above the 10-day realized volatility
VimpelCom Ltd. (VimpelCom) is a holding company. The Company operates in Mobile Telecommunications Business and Fixed-Line Telecommunications and Fixed Internet Business.
Calls trade in HIL- .10 slug fest?
Shares of Hill International Inc. (HIL) are down .18 to 4.03 today. ?HIL is near the lower end of the 52 week range.
Today paper traded 3126 HIL Feb 5 calls for .10.?
- The ADV is 599 contracts.
- The OI is 11752 contracts.
Volume went up in 1 big block.? The total volume is over 16000 contracts with Feb showing a 6 point pop in IV.? .10 bids for the calls kept popping up only to get filled right away.? The options are currently offered .10 and volume has far exceeded the OI.? The 2.5 puts are trading for .10 as well so there is some premium buying here.? .10 to February yields almost nothing for premium.
- 30-day implied volatility is 35%.
- 10-day implied volatility is 27%.
- 30-day implied volatility is trading above the 10-day realized volatility
Hill International, Inc. provides a range of project management and construction claims services to clients worldwide, primarily in the United States/Canada, Latin America, Europe, the Middle East, North Africa, and Asia/Pacific.