Shares of Facebook Inc. (FB) are down .40 to 26.87.? FB is in the middle of the 52-week range.
Today the FB Mar 30 call/27 put risk reversal went up for .09 on the calls and .99 on the puts.? Average volume is 288,000 contracts per day in the name.? Open interest is massive on both strikes.
The trade looks to be a buyer of calls and seller of puts and as of this writing was well timed as the stock is up some from those prices.? Implied volatility is up less than one point today.
30-day implied volatility is 38%.?? 10-day implied volatility is 34%.? 30-day implied volatility is trading above the 10-day historical volatility.
Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers.