Shares of DEX Media Inc. (DEX) are down .52 to 11.29 today.? ?DEX is in the middle of the 52 week range.
Today paper traded 9543 DEX Jul/Aug 12.5 calls at .65 and .15. ?The ADV is 1011. ?The OI is 796 on the Jul?s and 24 on the Aug?s.
The volume went up in two giant blocks marked spread.? Both trades hit the bid which most likely means sale.? This type of volume is normally associated with buy writes for a long stock holder.? There was call selling in all terms with the IV down in each term with Jul down 9 points.
?30-day implied volatility is 74%.?? 10-day implied volatility is 52%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Dex Media, Inc. is a provider of social, local and mobile marketing solutions for local businesses.?