6000 CREE Feb 30 calls went up in scattered blocks.?
Shares of CREE Inc. (CREE) are up .80 to 26.24.? CREE is near the bottom of the 52 week range.
- Paper traded 6000 CREE Feb 30 calls for .78-.80.?
- The ADV is 9300 .?
- The OI is 10700 contracts.
The volume went up in scattered blocks.? The trader could be closing a call write or adding to the open interest buying more calls.? Either way, 30 is looking like a possibility and this is a relatively cheap upside play into FEB.
- IV 30 is trading for 87.?
- HV10 is trading for 86.?
- IV 30 is trading over the HV 10.
Cree, Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company’s products are focused for applications, such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems.