Shares of E-House Holdings Ltd. (EJ) are up .45 to 12.85 today.? EJ is in the middle of the 52-week range.

Today paper traded 5k Mar 12 calls for 1.40.? ADV is 1497 contracts.? The OI is 135 contracts.?

The volume went up in one block near the bid. Total volume on the day is 5365 contracts and the paper is consistent with a buy writer. The calls are still 1.40 bid as of this writing.? The trader is probably taking advantage of the higher IV into earnings.

30-day implied volatility is 71%. ? 10-day implied volatility is 40%.? 30-day implied volatility is trading above the 10-day historical volatility.

E-House (China) Holdings Limited (E-House) is a real estate services company in People?s Republic of China.?