10000 ZNGA Jun16 2.5 puts went up 1 block on the PHLX marked spread
Shares of Zynga Inc. (ZNGA) are down .01 to 2.58.? ZNGA is near the middle of the 52 Week range.
- Paper traded 10000 ZNGA Jun16 2.5 puts for .25.?
- ADV is 3900.?
- The OI is 6283 contracts.
The volume went up 1 block on the PHLX marked spread.? These puts look like ?line in the sand? puts where the seller is willing to take the stock close to the money but collect a yield if ZNGA rallies.? They are pricing around 10% on margin for a 6 month hold.
- IV 30 is trading for 46%.?
- HV10 is trading for 27%.?
- IV 30 is above the HV 10.
Zynga Inc. is a provider of social game services. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) and Android and social networking sites, such as Facebook.