Shares of General Motors Corp. (GM) are down .24 to 28.91 today.? The stock is trading almost $2 off of the 52-week high.
Today paper bought 7,805 GM Jun 30 calls for 0.91.?? Average volume is 36,905 contracts per day.? Open interest is 58,146 contracts.
The trade appears to be a buyer of calls lifting the offer. Over 12,000 calls have traded so far today and the IV is weaker by .7 in June into earnings.
30-day implied volatility is 31%.? ?10-day implied volatility is 33%.? 30-day implied volatility is trading below the 10-day historical volatility.
General Motors Company (GM) designs, builds and sells cars, trucks and automobile parts worldwide.
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