Shares Great Lakes Dredge and Dock Corp (GLDD) are down .10 to $7.03. The shares are trading nearer the 52-week low.
Today paper traded 760 GLDD Jun 7.5 calls for 0.60. ??Average volume is 112 contracts per day.? Open interest on the calls is 539 contracts.
The trade looks like a seller of calls, possibly against a long stock position.
30-day implied volatility is 54%.?? 10-day implied volatility is 108%.? 30-day implied volatility is trading below the 10-day historical volatility.
Great Lakes Dredge & Dock Corporation (Great Lakes) is a provider of dredging services in the United States. Great Lakes provides dredging services in the East, West, and Gulf Coasts of the United States and worldwide.