Shares of Solazyme Inc (SZYM) are down .34 to 10.01 today.? SZYM is in the middle of the 52 week range.
Today paper traded 1289 SZYM Mar 12.5 calls for .25-.3.? ADV is 844 contracts.? The OI is 3367 contracts.
The volume traded in small blocks with the stock at a higher price this morning.? The buying is more consistent with an opening long call buy than a short call close.? Check the OI tomorrow but paper looks like they want to get long going into earnings.
30-day implied volatility is 59%.?? 10-day implied volatility is 47%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Solazyme, Inc. operates as a renewable oil production company