SINA edges above its 10-day moving average, levels to watch The shares have edged above its descending 10-day moving average, with next resistance now at $57.10. Support is at $55.43, the 10-day moving average, and then at $53.98.
SINA calls active as shares move off lows on renewed takeover speculation SINA March 33 and 34 weekly calls are active on 6K contracts (1K puts) amid renewed takeover speculation. March weekly call option implied volatility is at 48, April is at 30, May is at 33; compared to its 26-week average of 37 according to Track Data. Active call volume suggests traders taking positions for large price movement.