Shares of Cypress Semiconductor (CY) are trading up .17 today to 10.99.? The one-week low for CY is $10.
Paper traded two blocks of calls totaling 4,630 contracts in CY in the Mar 10 strike at $1.37 for split prices.? Scattered call buying followed.? CY Mar 10 calls traded over 5,000 times with average volume trading around 1,700 per day for the entire option class. ?Volatility is up 4.9% in the Mar 10 calls.? ?Open Interest is light at just over 550 contracts for that strike. The nature of the trade looks to be a call buyer tied to stock.?
30-day implied volatility is 39%.? 10-day implied volatility is 32%.? 30-day implied volatility is trading just over the 10-day historical volatility showing some renewed interest in the stock.?
Cypress Semiconductor Corporation (CY) delivers high-performance, mixed-signal and programmable solutions.