14303 FIT Apr21 6 puts went up in 1 block on the ISE.
Shares of Fitbit Inc. (FIT) are down .10 to 5.83 today.? FIT is near the bottom of the 52 week range.
- Paper traded 14303 FIT Apr21 6 puts for .36. ??
- The ADV is 14721 contracts.?
- The OI is 19439 contracts.
The volume went up in 1 block on the ISE. This trade appears to be a straight short put cover as the FIT grinds along at the bottom of the range.? It appears the trader sold them with stock at .27 so they are covering for a small loss at this point.?
- IV 30 is trading 61%
- ?HV10 is trading for 36%.?
- IV 30 is trading above the HV 10.
Fitbit, Inc. is a provider of health and fitness devices. The Company’s platform combines connected health and fitness devices with software and services, including an online dashboard and mobile applications, data analytics, motivational and social tools, personalized insights and virtual coaching through customized fitness plans and interactive workouts.