Shares of Tronox ltd. (TROX) are up .12 to 20.48 today.? TROX is trading in the middle of the 52 week range.
Today 2,762 TROX Apr 22.5 calls traded on a single exchange for .50 lifting the offer at the time. Average volume is 837 contracts per day in the name.? Open interest is 485 contracts.
The trade looks to be a buyer of calls with more paper jumping in at various prices.? The IV is up 2.4 points in April.
30-day implied volatility is 44%.?? 10-day implied volatility is 41%.? 30-day implied volatility is trading at the 10-day historical volatility.
Tronox Limited is engaged in production and marketing of titanium bearing mineral sands and titanium dioxide pigment (TiO2).