5000 DANG Dec 8 calls went up in 3 blocks on 2 exchanges

Calls trade in DANG- upside calls in Dec trade

DANG

Shares of Ecommerce DANG DANG Inc (DANG) are .18 to 6.87 today. ?DANG is trading near the lower end of the 52 week range.

  • Paper traded 5000 DANG Dec 8 calls for .40. ??
  • The ADV is 4197 contracts. ?
  • The OI is 2591 contracts.

The volume went up in 3 blocks on 2 exchanges. ??The trader straight lifted the offer and they could be closing large open interest prior to earnings.? As of this writing buyers are bidding .40 to buy more.

  • IV 30 is trading for 56%.
  • HV10 is trading for 18%.
  • IV 30 is above the HV 10.

E-Commerce China Dangdang Inc. is a holding company. The Company is a business-to-consumer (B2C) e-commerce company in the People’s Republic of China. The Company is principally engaged in the sales of books, audio-visual products, periodicals, consumer electronics and other general merchandise on the Internet.