Shares of E Commerce China Dangdang (DANG) are up .29 to 10.54. DANG is in the upper end of the 52-week range today.
Today paper traded 4236 DANG Mar 12 calls for 52.5.? ADV is 2688 contracts.? The OI is 4095 contracts.
The volume went up in two blocks on split prices.? The paper was buying and 8620 contracts have trade hands on this strike today.? The IV is up 5.0 in Mar and the trade appears to be a long bet into earnings.
30-day implied volatility is 78%.? ?10-day implied volatility is 56%.? 30-day implied volatility is trading above the 10-day historical volatility.
E-Commerce China Dangdang Inc. (Dangdang) is a holding company.?