5000 GLUU Jan2017 2 calls went up in 2 blocks on a sweep.?
Shares of GLU Mobile Inc. (GLUU) are down .12 to 1.82 today. GLUU is near the bottom of the 52 Week range.
- Paper traded 5000 GLUU Jan2017 2 calls for .20.? ?
- ADV is 787.?
- The OI is 1143 contracts.
The volume went up in 2 blocks on a sweep.? The trader bought up 5000 calls looking for GLUU to get out of the basement as it trades at year lows.? There are no earnings in the cycle and no large blocks of stock went up against the calls so this look bullish as printed.
- IV 30 is trading for 41%.?
- HV10 is trading for 29%.?
- IV 30 is above the HV 10.
Glu Mobile Inc. develops, publishes and markets a portfolio of games. The Company’s games appeal to a cross section of the users of smartphones and tablet devices who download and make purchases within its games through direct-to-consumer digital storefronts.