Calls Active As BMC Software Pops (BMC)
Calls Active As BMC Software Pops (BMC)
Shares of BMC Software (BMC) are popping higher this morning. Currently, the stock is up by over 3%, trading at $43.47. BMC is now trading 22.4% above its August low.
Options traders are active on the call side today. With over 4,250 calls traded on the session, call volume is running at 4.58x normal volume. The largest block traded on the October $45 strike, where 1,112 contracts were purchased, on the offer, for $0.80.
Volume on the strike is currently 1,295, which far exceeds the open interest of 252 contracts. The strike is bid $1.05, at $1.15.
Near-term implied and historical volatility is registering 25% and 14%, respectively. At $0.80, the Oct $45 call traded at 29.5% vol.
BMC Software, Inc. is a software company. The company provides information technology management solutions for large, mid-sized and small enterprises and public sector organizations around the world.
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