5000 MOMO OCT 20/25 call spreads went up in many blocks on the ISE
Shares of Momo Inc (MOMO) are up .40 to 22.00 today. MOMO is making a 52 week hi.
- Paper traded 5000 MOMO OCT 20/25 call spreads for just under $2.00.?
- The ADV is 1812 per day.?
- The OI is 6050 and 1284 contracts.
The volume went up in many blocks on the ISE. ?This appears to be rolling volume that UA covered recently. The trade is closing the Oct 20 calls and rolling into the 25s to stay long.? So far this trade has worked well.
- IV 30 is trading 69%. ?
- HV10 is trading for 80%.?
- IV 30 is trading below the HV 10.
Momo Inc. is a holding company. The Company operates Momo, a mobile-based social networking platform. The Company’s Momo platform includes its Momo mobile application and a range of related features, functionalities, tools and services that it provides to users, customers and platform partners. Momo users can maintain their relationships through its private and group communication tools, content creation and sharing functions, as well as the offline social activities promoted on its platform.