Shares of Orbitz Worldwide, Inc (OWW) are up .07 to 8.14 today.? OWW is near the bottom of the 52 week range today.
Today paper traded 1980 OWW Nov 10 calls for .65? The ADV 1045 contracts.? The OI is 6567.
The volume went up in 1 large block.? Follow up volume pushed up the trade to 3900 plus contracts.? The .65 bid posted and is still posted to fill so the order is for more than what has transacted so far.? This is either closing a long term buy write or jumping on getting long calls.? Check the OI on this one.? Either way the trader is looking for more upside.
?30-day implied volatility is 47%. ? 10-day implied volatility is 27%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Orbitz Worldwide, Inc. is a global online travel company (OTC) that uses technology to enable leisure and business travelers to research, plan and book a range of travel products and services.