5000 LC Oct 6/Jan 8 call spreads went up in two blocks on ISE

LC

Shares of Lending Club Corp (LC) are up .43 to 6.18 today. LC is near the bottom of the 52 week range.

  • Paper traded 5000 LC Oct 6/Jan 8 call spreads for .20.
  • The ADV is 8500 contracts.?
  • The OI is 7500 and 35507 contracts.

The volume went up in two blocks on ISE marked spread.? The roll looks like a close on the Oct?s and move to the Jan?s on much higher prices for LC.? The stock would need to see some new life to get the 8 calls moving on a strike with heavy OI.

  • IV 30 is trading for 58%.?
  • HV10 is trading for 34%.?
  • IV 30 is trading above the HV 10.

LendingClub Corporation (Lending Club) provides online marketplace to connect borrowers and investors. Consumers and small business owners borrow through Lending Club.