1000 LC Feb 6 calls went up in 1 block on the MIAX.?
Shares of Lending Club Corp.(LC) are up .14 to 5.89 today.? LC is near the bottom of the 52 week range.
- Paper traded 1000 LC Feb 6 calls for .45. ?
- The ADV is 5266 contracts.? ?
- The open interest is 2223 contracts.
The volume went up in 1 block on the MIAX.? There is some OI on the strike but over 7000 calls traded with early buyers paying .25.? The calls are trading .40 as of this writing but overall the paper looks bullish.? There appears to be some covering on the Apr 7s.
- IV 30 is trading for 68%.?
- HV10 is trading for 35%.?
- IV 30 is 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. Investors use Lending Club to earn risk-adjusted returns from an asset class that is only available on a limited basis to large institutional investors.