Qihoo 360 options active into Q3 and outlook Qihoo 360 December 21 and 22 calls are active on total call volume of 8K contracts (4K puts). December call option implied volatility is at 63, January and March is at 53; compared to its 26-week average of 58 according to Track Data. Active option volume suggests traders taking positions for larger price movement into the expected release of Q3 results today after the market close.
China mobile game sector to grow slower in 2015, says Rosenblatt Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.