SIMG Calls Trade
Shares of Silicon Image Inc. (SIMG) are trading 6.19 up .04 this morning. The stock is trading near the top of the 52-week range.
Today paper traded 2,000 SIMG Sep 6 calls for 0.80. The ADV is 917. The open interest is 2,828 contracts.
The paper looks like opening bullish paper but could be closing a buy write after a big run in SIMG during the month of May. Check the OI tomorrow.
30-day implied volatility is 41%. 10-day implied volatility is 22%. 30-day implied volatility is trading above the 10-day historical volatility.
Silicon Image, Inc. (Silicon Image) is a provider of wireless and wired connectivity solutions that enable the reliable distribution and presentation of high-definition (HD) content for consumer electronics (CE), mobile, and personal computer (PC) markets.
View The Options Insider's post archive >