Finisar Corp. (FNSR) is trading up .89 to 15.90.? FNSR is trading between the high and low for the last year.
Today the FNSR Mar 15 puts traded in scattered blocks with volume at 4,097 as of this writing.?? Average volume is 1,713 contracts per day in the name.? Open interest is 1,389 contracts.
The trade is mostly put buyers pushing the IV in March up from 81% to over 100% on the strike today going into earnings tonight.
30-day implied volatility is 77%.?? 10-day implied volatility is 39%.? 30-day implied volatility is trading above the 10-day historical volatility.
Finisar Corporation develops and provides fiber optic subsystems and network performance test systems which enable data communications over LANs.