Shares of Mattel Inc. (MAT) are up .64 to 47.63 today.? MAT is making a 52-week high.
Today paper traded 6,287 MAT Feb 48 calls for 1.1-1.45.? The ADV is 1,530 contracts.? The OI is 75 contracts.
The volume went up in mid-size blocks with most of the paper lifting the offer as MAT rallied through the morning. The IV in Feb is up 1.3 points today.? The paper looks mostly like opening speculative call buying going into earnings at the end of the Jan.? This could be an investment letter pick.
30-day implied volatility is 18%. ? 10-day implied volatility is 13%.? 30-day implied volatility is trading above the 10-day historical volatility.
Mattel, Inc. (Mattel) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.