Shares of China Finance Online Co. (JRJC) are up 1.01 today to 7.06.? JRJC is near a 52-week high.
Today paper traded 840 JRJC Feb 7.5 calls for .25-.84.? ADV is 194 contracts.? The OI is 79 contracts.
Most of the volume went up for .55 and .60 on several blocks.? The paper is opening and buying looking for higher prices in JRJC.? IV is actually down in Feb even with the call buying.? We highlighted JRJC on Jan 13 with a call writer.
30-day implied volatility is 92%.? ?10-day implied volatility is 136%.? 30-day implied volatility is trading below the 10-day historical volatility.
China Finance Online Co. Limited (CFO Hong Kong) is a provider of vertically integrated financial services, including news, data, analytics and brokerage through Web portals, software systems and mobile handsets.