Shares of Zynga (ZNGA) are trading up .09 today to $2.54.? The recent low for ZNGA is $2.24.
Paper mostly bought the ZNGA Dec 2.5 calls in good size trading around .14.? Total volume on the day is 6,400 with the biggest block going up 1,652 times.?? Volatility is up 12% in the Dec options.?? Open Interest is 29,294 contracts. The nature of the contract is unclear but the rise in volatility suggests new buying and the call were bought on the offer at the time.
30-day implied volatility is 71%.?? 10-day implied volatility is 89%.? 30-day implied volatility is trading under the 10-day historical volatility. ?
Zynga Inc. (ZNGA) is a maker of social media games.