Shares of Perion Network Ltd. (PERI) are up .46 today to 10.57.? PERI is trading near the 52 week low.

Today paper traded 1261 PERI May 10 calls for .40-.80. ?The ADV is 476 contracts.? The OI is 271.

The volume went up in scattered sized today.? Mostly call buyer jumped in the May 10 calls with the stock lower.? The puts are trading with mostly sellers today.? Paper is buying cheap calls into the earnings announcement with PERI trading at lows for the year.

?30-day implied volatility is 53%.?? 10-day implied volatility is 32%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

Perion Network Ltd is a digital media company.?