Shares of BEAZER Homes USA, Inc (BZH) are up .01 to 19.30.? BZH is in the middle of the 52 week range.
Today paper traded 2850/5700 BZH Aug 19/25 call spread at 1.00.? The ADV is 1240 contracts. The OI is 5300 and 6100 contracts.
The volume went up in 2 large blocks.? This trade is most likely an unwind of a 1 x 2 call spread.? The trader is selling out the near the money and buying in the OTM calls.? if they put it on for a credit they are unwinding for a nice credit which is normally how these are traded.
?30-day implied volatility is 41%. ? 10-day implied volatility is 26%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Beazer Homes USA, Inc. is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West, East, and Southeast.
