Shares of Polycom Inc. (PLCM) are up .09 to 11.81 today.? PLCM is $1 off of the 52-week range.

Today paper traded 4156 PCLM Apr 15 calls for .20.? ADV is 7541 contracts.? The OI is 446 contracts.

The .20 buys were part of 10031 contracts traded on the today with IV up 5 points.? Most of the rest of the volume was buying.? The calls are still.20 bid but overall the trade looks bullish.

?30-day implied volatility is 50%.? ?10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.

Polycom, Inc. is a provider of unified communications (UC) solutions and a provider of telepresence, video, voice and infrastructure solutions based on open standards.?