900 WUBA Apr 50 calls went up in 1 block on the ISE Gemini.?
58.com (WUBA) is up 2.93 today.? WUBA is near the middle of the 52 week range.
- Paper traded 900 WUBA Apr 50 calls for 6.70.?
- The ADV is 1412.?
- The OI is 11 contracts.
The volume went up in 1 block on the ISE Gemini.? The trade looks like a straight buy to open. There is some activity on the 75 strike which looks like a call sale, maybe closing.? The trader were executed close to each other on time and sales so it could be either a long call spread or roll down to a more ITM strike.
- IV 30 is trading for 27%.?
- HV10 is trading for 30%.?
- IV 30 is trading below the HV 10.
58.com Inc. (58.com) is a holding company. The Company operates an online marketplace serving local merchants and consumers in China. The Company’s online marketplace enables local merchants and consumers to connect, share information and conduct business. The Company’s online marketplace contains local information in approximately 395 cities, across the content categories, including housing, jobs, used goods, automotive, pets, tickets, yellow pages and other local services. The Company conducts automatic and manual screening using its technology and processes. The Company’s users post listings on its marketplace covering a range of services and products on its Website, www.58.com. The Company organizes the listings on its marketplace by content categories, such as jobs, housing, used goods, automotive, yellow pages, pets and tickets.