980 FIT Aug 16 calls went up in one block on the NASDAQ
Shares of Fitbit Inc. (FIT) are down .62 to 5.02 today. ?FIT is in the middle 52 week range.
- Paper traded 980 FIT Aug 16 calls for .56. ?
- The ADV is 17586 contracts.? ?
- The open interest is 16253 contracts.
The volume went up in one block on the NASDAQ.? 9000+ calls traded that looked mostly like short covering from an earlier sale prior to earnings.? There appears to be a size roll down to the 15 strike as well with the trader wanting to maintain the position but move to the 15 strike with a long call.
- IV 30 is trading for 56%.?
- HV10 is trading for 66%.?
- IV 30 is below the HV 10.
Fitbit, Inc. is a provider of health and fitness devices. The Company’s platform combines connected health and fitness devices with software and services, including an online dashboard and mobile applications, data analytics, motivational and social tools, personalized insights and virtual coaching through customized fitness plans and interactive workouts.has two silver-gold feasibility stage projects: the La Preciosa project in Mexico and the Joaquin project in Argentina.