The Options Insider

Near-the-Money RAD Calls Trade

by | Aug 11, 2015 | Unusual Activity

5550 RAD Aug 9 calls went up in 1 block on the ARCA marked sold last.?

Calls trade in RAD- near the money calls trading

RAD

Shares of RiteAid Corp (RAD) are down .17 to 8.76 today. ?RAD is near the upper end of the 52 week range.

  • Paper traded 5550 RAD Aug 9 calls for .13.
  • The ADV is 22750 contracts.
  • The OI is over 50000 contracts.

The volume went up in 1 block on the ARCA marked sold last.? There is heavy 9 level call buying in the Aug 14 weekly cycle as will.? The slight uptick in IV is usually a sign of call buyers.

  • IV 30 is trading for 56%.
  • HV10 is trading for 60%.
  • IV 30 is trading below the HV 10.

Rite Aid Corporation is a retail drugstore chain. The Company sells prescription drugs and a range of other merchandise, which are referred to as front-end products.