Shares of Rocket Fuel Inc. (FUEL) are up .50 to 46.63.? FUEL is in the lower end of the 52-week range.
Today paper traded 129 FUEL Apr 55 calls at .60.? The ADV is 517 contracts. The OI is 505 contracts.
The volume went up in one block.? The trade was a call seller hitting a bid in a wide market.? The subsequent volume hit over 1300 contracts with most of the paper selling.? Most likely this is speculative calls selling or a buy writer looking for some yield with the calls 15%+ OTM. IV in Apr is down 4 points will most of the sellers betting FUEL is not making a big bounce any time soon.
30-day implied volatility is 62%.? ?10-day implied volatility is 74%.? 30-day implied volatility is trading below the 10-day historical volatility.
Rocket Fuel, Inc. is a technology company that has developed an Artificial Intelligence and Big Data-driven predictive modeling and automated decision-making platform.?