Shares of Green Dot Corp. (GDOT) are down .24 to 25.45 today.? GDOT is trading near the top of the 52-week range.
Today paper traded 2250 GDOT Feb 25 puts at 1.25-1.35. ?ADV is 350 contracts.? The OI is 2001 contracts.
The volume traded in midsize blocks with most paper selling.? Part of the trades could be closing into earnings on the 30th.? Selling to close would mean that the buyer picked them up for higher prices since GDOT has rallied of late.? This could be an aggressive put seller looking for higher prices so check the OI tomorrow.
30-day implied volatility is 56%.? ?10-day implied volatility is 41%.? 30-day implied volatility is trading above the 10-day historical volatility.
Green Dot Corporation (Green Dot) is a bank holding company.?