Shares of PowerSecure International, Inc (POWR) are up 1.59 to 9.48 today. POWR is near the low end of the 52 week range.
Today paper traded 1900 POWR Dec 5 calls at 4.60. The ADV is 474. The OI is 5200 contracts.
The volume went up in 3 large blocks. The trade was on one exchange and was most likely closing on the big jump in the stock price. UA profiled this trade in May and we identified the trader as a buyer in the 3.2 range. There looks like more to go and the trader is looking for higher prices for the balance.
30-day implied volatility is 60%. 10-day implied volatility is 43%. 30 day implied volatility is trading above the 10 Day Historical volatility.
PowerSecure International, Inc. is a provider of products and services to electric utilities and to their commercial, institutional and industrial customers. It conducts its core operations through its Utility and Energy Technologies segment, which is the only segment that the Company.