Shares of Lightinthebox Holding Co. (LITB) are down .02 to 10.90 today.? LITB is in the bottom of the 52-week range.
Today paper traded 492 LITB Mar 10 puts and 280 Mar 12.5 puts for .90 and 2.40.? ADV is 690 contracts.? The OI is 377 and 89 contracts.
The volume went up mostly in one block per strike.? Total volume for the 10s is 720 and 373 for the 12.5s. The IV is up 6 points in March mostly due to the opening put buying on these strikes. The trader is looking for a big move down after earnings on the 26th.? The stock has not moved much lately so the earnings are playing large.
30-day implied volatility is 104%.? ?10-day implied volatility is 25%.? 30-day implied volatility is trading above the 10-day historical volatility.
Lightinthebox Holding Co., Ltd. is a global online retail company that delivers products directly to consumers globally.?