Traders swept almost 7500 PAY July 19 calls, almost 2500 July 20 calls, and 1100 July 21 calls.
VeriFone Systems Inc., trading 19.45 (up .90) with an IV30 of 41.92 up 8.35% with an HV10 of 138.15, is seeing aggressive ATM call action today.? Traders swept almost 7500 July 19 calls, almost 2500 July 20 calls, and 1100 of the July 21 calls.? This is a stock that has an ADV of 1891 and an OI of 62,275.? So far 13,000 calls have traded against only 609 puts.
This appears to be an aggressive buyer looking to take advantage of the 5% move in PAY today and looking for more upside.? These customers appear to think the stock is going to continue to move higher as there have not been closing trades.
These trades are aggressively bullish both volatilely and the underlying.