2000 GSAT Jan20 1.5 calls went up in block on the ISE.?

GSAT

Shares of GlobalStar, Inc. (GSAT) are up .33 to 1.38 today.? GSAT is near the middle of the 52 week range.

  • Paper traded 2000 GSAT Jan20 1.5 calls for .25.?
  • The ADV is 1533.
  • The OI is 2990 contracts.

The volume went up in block on the ISE.? Large blocks of options went up with buyers scooping huge volumes of calls with 29k calls trading over 6000 puts.? The trader is looking for some big upside.

  • IV 30 is trading for 206%.?
  • HV10 is trading for 62%.?
  • IV 30 is above the HV 10.

Globalstar, Inc. provides mobile satellite services, including voice and data communications services globally through satellite.