Shares of The Fresh Market Inc. (TFM) are up .09 to 33.59 today.?? TFM is near the bottom of the 52-week range.
Today paper traded 1318 TFM Mar 40 calls at .20-.25.? ADV is 925 contracts.? The OI is 8767 contracts.
The volume went in 2 large blocks.? The trades went up on or near the bid indicating sell but the early paper were bidding the calls up on the open.? The options went up marked spread so they could be tied to stock on a buy write for a short term trade in earnings this week.? The huge OI indicates this could be a favorite buy write strike.? Earnings are on the 6th.? The calls are priced higher now than the early sale.
30-day implied volatility is 63%.? ?10-day implied volatility is 45%.? 30-day implied volatility is trading above the 10-day historical
The Fresh Market, Inc., (The Fresh Market) is a specialty retailer.?