Shares of Time Warner Inc. (TWX) are trading down .10 to 63.21 today.? TWX is trading near the higher end of the 52-week range.
Today paper traded 15,964 TWX Mar 67.5 calls for .52. ?ADV is 2,543 contracts.? The OI is 65 contracts.
The volume traded in one block through the offer.? TWX has earning coming out Feb 5th and other news surrounding the name.? This is a big,opening bet the TWX moves much higher in the midterm time frame.
30-day implied volatility is 23%.? ?10-day implied volatility is 17%.? 30-day implied volatility is trading above the 10-day historical volatility.
Time Warner Inc. (Time Warner) is a media and entertainment company.