Shares of Sky-MOBI Ltd (MOBI) are up .29 to 7.34 today.? MOBI is in the middle of the 52 week range.

Today paper traded 1300 MOBI Jun 7.5 calls for .77. ? The ADV is 1136 contracts.? The OI is 2427 contracts.

The volume went up in 1 block.? Another batch of options traded on the strike and the IV is down for the day as of this writing.? The .77 trade was near the high of the day and was most likely buying to close into the earnings next week.? Check the OI on this one to be sure.

30-day implied volatility is 90%. ? 10-day implied volatility is 89%.? 30 day implied volatility is trading below the 10 Day Historical volatility.

Sky-mobi Limited operates mobile application store in China. In its Maopao application store, users can browse, download and purchase a range of applications and content, such as games, music and books.