Shares of UQM Technologies (UQM) are up .32 to 2.77.? TSM is near the upper end of the 52-week range.
Today paper traded 2000 UQM Apr 2.5 calls for .50-.60.? ADV is 250.? The OI is 465 contracts.
The paper went up in multiple blocks with the buyers lifting the offers at the time. The market is .20 wide on a .60 contract so getting filled in this name is not easy.? IV in Apr is up 9 points to 127%? The straight call buyers are opening and most likely bullish given the ATM purchase in a $2.77 stock.?
30-day implied volatility is 126%. ? 10-day implied volatility is 210%.? 30 day implied volatility is trading below the 10 Day Historical volatility.
UQM Technologies, Inc. (UQM) is a developer and manufacturer of electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets.