Shares of Ford Motor Co. (F) are trading down .23 to 13.33.? F is trading near the high of the range.
Today paper traded 20,000 F Apr 26 Weekly 14 calls for 0.08. ??Average volume is 1,234,777 contracts per day.? Open interest is 1,825 contracts.
The trade went up lifting the offer at the time and the light open interest suggests this is opening bullish paper going into earnings.? The IV is relatively cheap going into earnings.
30-day implied volatility is 27.45%.?? 10-day implied volatility is 32%.? 30-day implied volatility is trading below the 10-day historical volatility.
Ford Motor Company (Ford) is a producer of cars and trucks. The Company and its subsidiaries also engage in other businesses, including financing vehicles.