Shares of Golar LNG Ltd (GLNG) are up 2.75 to 36.50 today.?? GLNG is in the middle of the 52 week range.
Today paper traded 3700 GLNG Jan 2015 40 calls for 3.30.? ADV is 1044 contracts.? The OI is 517 contracts.
The volume went in one block.? The volume on the strike for the day is 4961 against very small open interest.? The IV skew is a little strange since it is jumping in the back month on a sizeable purchase of calls right after earnings.? Normally volatility in the long term contracts so this is very bullish paper.
30-day implied volatility is 39%.? ?10-day implied volatility is 24%.? 30 day implied volatility is trading above the 10 Day Historical.
Golar LNG Limited (Golar) is the owner and operator of liquefied natural gas (LNG) carriers and floating storage regasification units (FSRUs). As of March 31, 2010, Golar had a fleet of 13 vessels, 10 LNG carriers, three FSRUs and a 50% interest in a further LNG carrier.