Frontline Ltd (FRO) is trading down .35 to 2.16 today.? FRO is making a 52-week low today.
Today 1,063 FRO May 2 puts traded between .15-.30 on scattered volume. ??Average volume is 580 contracts per day in the name.? Open interest is 0 contracts.
The puts traded in scattered volume of 100 contracts and above lifting the offer aggressively.? The implied volatility is jumping quickly on the 13% move in the stock.
30-day implied volatility is 87%.?? 10-day implied volatility is 71%.? 30-day implied volatility is trading above the 10-day historical volatility.
Frontline Ltd. is a shipping company. The Company is engaged primarily in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers.