Shares of Navios Maritime Holdings Inc. (NM) are up .06 today to 8.39. ?NM is in the middle of the 52 week range.

Today paper traded 643 NM Dec 10 calls for .50. ?The ADV is 550 contracts.? The OI is 118 contracts.

The volume went up in one block.? Paper on the strike has been heavy with over 3000 contracts traded, mostly buying.? However the calls are now offered .45 so a buy writer is stepping to sell the higher implied volatility

30-day implied volatility is 56%.?? 10-day implied volatility is 26%.? 30 day implied volatility is trading above the 10 realized volatility

Navios Maritime Holdings Inc. (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company which operates numerous businesses focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.