5500 GRPN Oct28 5/6 calls went up in several blocks on the ISE marked spread.?
Shares Groupon Inc. (GRPN) are up .04 to 5.05 today.? GRPN in in the middle of the 52 week range.
- Paper traded 5500 GRPN Oct28 5/6 calls for .44 and .11.?
- The ADV is 6825 contracts.?
- The OI is under 2000 contracts.
The volume went up in several blocks on the ISE marked spread.? This appears to be a low dollar earning play looking for a bump in the stock price into earnings.? The nature of the spread suggests a small bump in price.
- IV 30 is trading 82%.?
- HV10 is trading for 22%.?
- IV 30 is at the HV 10.
Groupon, Inc. operates online local commerce marketplaces throughout the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, the Middle East and Africa, and international operations (Rest of World).