Alcoa February and March 11 calls are active on total call volume of 21K contracts (4K puts) following renewed takeover chatter. February and March 34 call option implied volatility of 34 is below its 26-week average of 41 according to Track Data. Active call volume suggests larger price movement suggests traders taking positions for upside price movement. :theflyonthewall.com
Alcoa calls active on low volatility as shares trend higher
Alcoa February 11 and April 12 calls are active on total call volume of 88K contracts (25K puts). February and April call option implied volatility of 32 is below its 26-week average of 43 according to Track Data, suggesting decreasing price movement. :theflyonthewall.com