Shares of Gigamon Inc. (GIMO) are down 5.81 to 12.36 today.? GIMO is making a 52 week low.
Today paper traded 2038 GIMO Aug 10 puts at .20. ?The ADV is 860 contracts.? The OI is 0 contracts.
The volume went up in 1 block.? Trade on the day is over 10000 contracts on the strike with sellers mostly holding the line at .20.? The big drop in the stock is bringing in bottom fishers at the 10 level.? Most of the puts were sales.
30-day implied volatility is 61%.?? 10-day implied volatility is 37%.? 30 day implied volatility is trading above the 10 realized volatility
Gigamon Inc. has developed solution that delivers visibility and control of traffic across networks.