Shares of Alpha Natural Resources Inc. (ANR) are down .09 to 4.35 today. ANR is at the bottom of the 52 week range.
Today paper traded 20000 ANR Jan 2015 5/7 call spreads for .48. ADV is 17114.? The OI is 14452 and 51323 contracts.
The paper went up in 4 blocks just inside the markets.? The trades are looking opening and were marked spread as traders position what looks like a long into multiyear lows in ANR.?
30-day implied volatility is 63%.? ?10-day implied volatility is 70%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Alpha Natural Resources, Inc. (Alpha) is a supplier and exporter of metallurgical coals for use in the steel-making process and a supplier of thermal coal to electric utilities and manufacturing industries, as well as an exporter of thermal coal.?