Shares of China Finance Online Co. (JRJC) are down .49 to 5.91 today.? JRJC is near the middle of the 52-week range.
Today paper traded 1,000 JRJC Feb 5 calls at 1-20-1.50.? ADV is 155 contracts.? The OI is 10 contracts.
The volume traded on the AMEX with a 1.5 seller stepping down to 1.2 with the balance taken at that level.? It looks like the seller wanted to get short in a hurry and sold down toward the end.? This is possible that the calls are protecting a stock position
30-day implied volatility is 100%.? ?10-day implied volatility is 135%.? 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.