329 FRO Nov 8 calls went up in 1 block on the CBOE
Shares of Frontline Ltd. (FRO) are up .40 to 7.85 today.? FRO is near the bottom of the 52 week range.
- Paper traded 329 FRO Nov 8 calls for .10.
- ?ADV is 1032 contracts.?
- The OI is 1846.
The volume went up in 1 block on the CBOE.? Call buyer jumped in for Dec calls also.? Most of the Dec was opening with the Nov call buyers possibly closing.? Dry shippers have been under a squeeze lately and these traders think the same could happen to FRO.
- IV 30 is trading 75%.?
- HV10 is trading for 27%.?
- IV 30 is above the HV 10.
Frontline Ltd. is a shipping company.